With Australia experiencing the lowest interest rates in history over the past year, we have been recommending to our clients that they fix some of their loans according to their circumstances.
This week Prime Minister Malcolm Turnbull all but confirmed that we would go to the polls in a double dissolution election on the 2nd of July 2016 and now industry experts say that the major banks are likely to wait until the federal election is over before hitting borrowers with fresh rate rises out of cycle with the Reserve Bank.
When was the last time you reviewed your financial situation?
Give Equatorial Finance Solutions’ Director Weng Wong a call on 0403 292 614 or email him on wengwong@equatorialfs.com.au to see how he can help you save money!
Vote first, but pay later
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THE major banks are likely to wait until the federal election is over before hitting borrowers with fresh rate rises out of cycle with the Reserve Bank, industry experts say.