- October 5, 2011
- Posted by: admin
- Category: Bank Profits, Budget, Financial goals, Home loan product, Interest rate, Wealth
Over the last two months, almost all of Australia’s lenders have slashed the interest on their fixed rate products, with CBA, ANZ, Westpac and NAB carving up to 20 basis points off their respective fixed rates. Variable rates have also seen heavy discounting. Good news for consumers.