Zenith Finance Blog

Hot tips, news, views and things you'll want to know about the world of equipment financing, property loans, vendor finance and more.

Dec 6, 2011 - Reserve Bank drops interest rates to 4.25%

Richard Korda - Tuesday, December 06, 2011

Great news mortgage holders...you got your Christmas wish!

The Reserve Bank board slipped on their Santa suits today, bellowed, "Low, Low, Low Merry Christmas everybody!" and reduced the cash rate target to 4.25%.

Ok, they actually said a bit more than that. The full story is here on the RBA site.

If you'd like to find out how this rate change affects you and your finances, please contact the Zenith Finance team any time on 1300 288 874.

Comments (0) | Trackbacks (0) | Permalink
Comments
Post has no comments.
Post a Comment




Captcha Image

Trackback Link
http://zenith.thesquad.net.au/BlogRetrieve.aspx?BlogID=2864&PostID=80710&A=Trackback
Trackbacks
Post has no trackbacks.