Christmas comes early for variable mortgage holders: RBA drops cash rate

RateCity Staff

RateCity Staff

( 1 min read )

Reserve Bank drops cash rate to 3% today. Average standard variable rate expected to hit 5.92% next month. Despite rate changes to filter through next month, spending boost for borrowers in time for Christmas.

Media Enquiries

Georgie Hay 

P: 0404 892 199

Corporate Address

Level 3, Suite 3.02, 52 Alfred Street, Milsons Point

NSW 2061 Australia

Visit Contact Us for all non-media enquiries.
Compare your product with the big 4 banks, or add more products to compare
As seen on