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The RBA has a difficult problem on its hands

By Margaret | Dec 17, 2012

In our last RBA update we mentioned that the current RBA cash rate of 3.00% p.a. was equal to the “emergency” level reached during the height of the GFC. Many have mistakenly viewed this as a reason to be worried about our economy. However, the reason for this rate cut is quite different to the…

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3 year fixed rates at lowest level since 1999

By Margaret | Dec 11, 2012

As widely expected the RBA has cut their cash rate by 0.25% to 3.00%. The RBA cash rate is now at the level it got to during the Global Financial Crisis. Should this full 0.25% cut be passed on, it would save someone with a $300,000 variable rate mortgage around $60 per month. The best…

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