The Reserve Bank has increased the offical cash rate by 0.25% to 4.50%.
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All of the major lenders have raised their mortgage interest rates by 0.25% per annum after the announcement of the official cash rate rise.
Trust the banks to move in so quickly.
The Rudd government should be taxing these companies rather than the miners!!!
As in the wise words of Ted Bullpit “someone should blow those banks up!!”
Paul “comrade” Rudd is stearing us towards the abyss. First he offers a home grant and then puts the price of the money up 4 months in a row!!!!. Straight out of the Labor Party play book
I agree KON, Rudd is like the captain of the Titanic. You could say we are RUDDerless!!!!
Who is Ted Bullpit?
Ted Bullpit is a pillar of australian society. Go to youtube and and search for him.
Captain Dudd
I say, bring on the Mad Monk with the sexy budgie smugglers to rescue the economy!