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RBA UPDATE | Effective October 4, 2022

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RBA UPDATE | Effective October 4, 2022​

  

For the sixth consecutive month, the Reserve Bank of Australia (RBA) has made the decision to increase the nation’s official cash rate, which now sits at 2.60%. With the 25-basis-point (bp) increase, Australians are experiencing the highest cash rate since May 2013.


We love a challenge and we love helping our clients. As most banks and other lenders will likely follow the RBA and lift their rates too, again increasing mortgage repayments, it's a good time for property owners to contact us for a home loan health check and see if we can secure a better rate. We look forward to helping you.

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