No Rate Change – Interest Rates Remain a 4.10%
The Reserve Bank of Australia decided to keep interest rates on hold to today keeping them at 4.10%
They are waiting on further economic data to see if the Australian economy has cooled after the last 11 rate rises or they may have to tighten again if the economic data shows inflationary pressures.
If you have any questions about these announcements or interest rates, please feel free to contact us.
Calculate the cost of residential commercial lending please feel free to use one of our online mortgage calculators.
For more information regarding interest rates for home and investment loans for owner occupied and investment purposes please visit home loans website.
For information regarding commercial property loans, business loan, leasing or finance for any other commercial purpose please head over to our commercial loans website.
