Market Update

Stock remains low - gain access to the huge number of off-market properties where opportunities do exist

Bank Cuts Rate In Reaction to RBA’s Move

interest rate cutAn article on the website The Adviser talks about banks slashing one, two, and three-year fixed rates; thus keeping in tune with the RBA’s cash rate cut (25 basis points). Suncorp Bank declared along the given line, even as it cited that its diversified profile allowed it to offer strong returns to its customers.

For information, Suncorp’s Home Package Plus bagged most number of awards last year. Among other bits of news, 16 third-party banks have brought down their interest rates in a knee-jerk reaction to RBA’s cut.

You can read the original article here.