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Major bank slashes variable rates

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Australian Broker | 07 May 2015, 08:25 AM Agree 0
Another major bank has announced a cut to its variable rates in the wake of the RBA cash rate reduction
  • Craig | 07 May 2015, 09:06 AM Agree 0
    The rates that NAB offer are so ordinary & this rate cut demonstrates contempt - not commitment. So many other players in the broker market that offer as good a service, much better rates & as good after-market services / products. Glad I don't use them.
  • Goodo | 07 May 2015, 09:18 AM Agree 0
  • Macarthur Broker | 07 May 2015, 09:39 AM Agree 0
    I don't think passing on part of the rate cut is "slashing" rates. I am really fed up with banks crying poor and not passing on the reduced cost of funds to borrowers and brokers.
  • Broker | 07 May 2015, 09:46 AM Agree 0
    Its official they're back together. Very poor form by CBA, NAB and Westpac. Little wonder I rarely submit loans to these lenders.
  • John | 07 May 2015, 12:22 PM Agree 0
    Why not the full 0.25% as ANZ have done??? Not good enough I am afraid.
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