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Home News & Media Lender rate rises could nullify future RBA cuts: Kolenda

Lender rate rises could nullify future RBA cuts: Kolenda

Wednesday 7th October 2015

Future cash rate cuts by the Reserve Bank are likely to be negated by lenders who raise interest rates, according to 1300HomeLoan managing director John Kolenda.

The RBA announced yesterday at its monthly board meeting that the official cash rate would remain at a record-low two per cent, where it has been since

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