A much needed rate cut

Posted on 05 June 2012

The Reserve Bank announced at 2.30pm this afternoon that it has cut the cash rate by 25 basis points, which means that the lending rate is now 3.5%. All eyes are now on the big banks to pass on the rate cuts to consumers. 

Click on the link below if you would like to read more

http://www.smh.com.au/business/rba-cuts-rates-to-35-20120605-1ztil.html

The link below will allow you to calculate your stamp duty liability on any potential property purchase. If you would like to know more , click on the link below or call our office and our friendly staff will be more than happy to assist you with your inquiry

http://www.apps05.osr.nsw.gov.au/erevenue/calculators/landsalesimple.php

If you need legal assistance contact Dooley & Associates.

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