Current Finance News

2 December 2008

The Reserve Bank of Australia has reduced the cash rate by 100 basis points (1%). This rate cut is to further help Australia from the Global credit crisis which now sees America in recession and other countries facing the same.

1 December 2008

This weeks rate specials

Full doc loan 5.7%* FIXED for 1 year 

Lo doc loan 6.75%* Fixed for 1 year

Call us now on 1300 65 30 34 to find out more and for our other loan specials. 

* Terms and conditions apply.

4 November 2008

Today the Reserve Bank of Australia exceeded market expectations by lowering the cash rate by 75 basis points (.75%) to 5.25%. Most economists had forecasted a reduction of 50 basis points.

This returns rates to levels seen in 2003 and further assists home owners and buyers with mortgage repayments.

7 October 2008

Reserve Bank of Australia reduces cash rate by 100 basis points (1%)  due to continued uncertainty with World wide global economy. Current cash rate now sits at 6%

Call Now on 1300 65 30 34

Resources

www.mfaa.com.au

www.ipaustralia.gov.au

www.fairtrading.nsw.gov.au

www.fairtrading.qld.gov.au

www.consumer.vic.gov.au

www.abr.business.gov.au

www.asic.gov.au

www.creditombudsman.com.au

www.franchise.org.au

www.rba.gov.au

DISCLAIMER:

Edge Financial Services does not take responsibility for the contents on the abovementioned links. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities is restricted.