Andrew from Vista Financial

Interest Rates Increase

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    The RBA have announced this afternoon that they are increasing interest rates, things have certainly been heading this way for a while but many thought that there might still be some reprieve today.

    Here is the official press release RBA: Media Release-Statement by Glenn Stevens, Governor: Monetary Policy Decision

    Regards

    Andy

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    Guest Mark Xpnsit

    I'm sure the rest will be following soon too Andrew, have any announced they won't be increasing above the base rate?

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    Guest Matey2

    Well, reading the comments on various news sites, I thought everyone would be up in arms today at work, but not a peep! I suppose non of them are in mortgage stress or trying to sell a house.

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