At the Reserve Bank meeting today, Tuesday, 6th November 2012, the Board decided to leave the cash rate unchanged at 3.25 per cent.
Current Bank Variable Rate Home Loans:
NAB:
Base Variable Rate Home Loan 6.08% pa
Choice Package $250,000 and above 5.88% pa
HSBC:
Variable Rate Home Loan 6.65% p.a
Home Value Loan 6.04% p.a
Westpac:
Flexi First Option Loan 6.06% p.a.
CBA:
Standard Variable Rate 6.60% p.a
No Fee Variable Rate 5.90% p.a.
ANZ:
Variable Rate 6.60%
Simplicity PLUS 5.90%
Previous RBA rate changes have been:
- 6 Jun 2012 -0.25 3.50%
- 2 May 2012 -0.50 3.75%
- 7 Dec 2011 -0.25 4.25%
- 2 Nov 2011 -0.25 4.50%
- 3 Nov 2010 +0.25 4.75%
- 5 May 2010 +0.25 4.50%
- 7 Apr 2010 +0.25 4.25%
- 3 Mar 2010 +0.25 4.00%
- 2 Dec 2009 +0.25 3.75%
- 4 Nov 2009 +0.25 3.50%
- 7 Oct 2009 +0.25 3.25%
- 8 Apr 2009 -0.25 3.00%
