It continues to be extremely quiet on the rate change front and it looks like this will be the norm for some time. The Reserve Bank left the OCR unchanged at its announcement last week and it seems while there is likely to be at least one more cut either later this year or early next year it's unlikely to be passed onto bank customers - in full at least. Enjoy these low rates while they are here.
All quiet on the rates front; Enjoy the low rates
26 September 2016
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