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RBA leaves cash rate unchanged

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Australian Broker | 04 Aug 2009, 02:00 PM Agree 0
For the fourth consecutive month the RBA has left the headline cash rate at 3%.
  • Yugesh Chand | 04 Aug 2009, 04:52 PM Agree 0
    Whilst the RBA rate is lowest to 3% and the board to leave the rate as it is has got us thinking that should we now fix rates on mortgages for 3, 5 years as the banks are moving 5 these rates up and leaving variable very attractive. We consumers are left very vulnerable to this and is there any suggestion what would be ideal in these circumstances?
  • Tony Safoulis | 04 Aug 2009, 05:51 PM Agree 0
    Did you notice WBC and CBA wrote almost 80% of the volume in June. There you go says it all. WBC are a remarkable brand getting stronger too.
  • David | 04 Aug 2009, 06:03 PM Agree 0
    That's the way. Keep stealing money from the people who save and are wanting to get in the housing market by saving the asses of people that should never have got loans in the first place while also increasing the house price in the medium term.
  • David | 04 Aug 2009, 06:04 PM Agree 0
    That's the way. Keep stealing money from the people who save and are wanting to get in the housing market by saving the asses of people that should never have got loans in the first place while also increasing the house price in the medium term.I'
  • Tony Safoulis | 04 Aug 2009, 06:32 PM Agree 0
    Wow you are bitter. Call Westpac they will help you.
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