Category: Suncorp

Has your bank passed the June 2019 interest rate cut on?

Soon after the Reserve Bank of Australia announced they will reduce the official cash rate from 1.50% to 1.25%, NAB and Commonwealth Bank have decided to pass on the full interest cut off their variable rate lending by 0.25%. ANZ and Westpac have decided not to pass on the full amount and only pass on
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Reserve Bank Keeps Interest Rates On Hold at 1.50%

  Septembers 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We have seen Westpac, St. George, RAMS, Bank of Melbourne, Suncorp, Adelaide Bank and Bendigo Bank announced out of cycle variable interest rate rises in the last couple of weeks. We expect other lenders to
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Suncorp, Adelaide Bank and Bendigo Increase Interest Rates

Following Westpac’s decision to increase interest rates by 0.14%, Suncorp, Adelaide Bank and Bendigo Bank increase their variable home loan rates. This is Suncorp’s second rate rise in the last 6 months and they will be increasing their interest rates by 0.17% from September 14th. They will also be increasing their business lending rates by
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Residential Loan Update June 2018

The month of June saw Reserve Bank of Australia (RBA)  keep the cash rate on hold at 1.5%. We have noticed that the bank and other lenders have established their interest rate offerings with some banks offering variable rates as low as 3.59% and fixed rates as low as 3.58% However, banks and other lenders are continually
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No Surprise. Interest Rates On Hold April 2018

April 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. Banks and other lenders are continually reviewing their variable and fixed interest rates for both home loans, investment loans and commercial finance. We will keep you updated on any changes that may occur in the next
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Christmas Interest Rates Remain On Hold at 1.5%

Decembers meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We will have to wait until February 2018 until we receive another rate decision. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are
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