Bank passes on full rate cut

One of Australia’s banks has decided to pass on the Reserve Bank of Australia’s 25 basis point rate cut in full.

You’re out of free articles for this month

To continue reading the rest of this article, please log in.

Create free account to get unlimited news articles and more!

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Real Estate Business. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Moments ago, ING DIRECT announced it would pass on the full 25 basis point rate cut to its customers effective from Friday 12 October.

The lender’s most popular home loan product, the Mortgage Simplifier, will now boast an interest rate of 5.97 per cent.

Steven Cross

Do you have an industry update?

submit now

Bank passes on full rate cut

ABOUT THE AUTHOR

Steven Cross

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED