OUR TEAM

Christian Payne

Christian Payne

Director - General Manager  

Phone: 95440000

Nerrida Payne

Nerrida Payne

Director - Financial Controller 

Phone: 9544 0000

Sid Payne

Sid Payne

Director 

Phone: 9544 0000

Judy Payne

Judy Payne

Director 

Phone: 9544 0000

Ryan Clark

Ryan Clark

Operations Manager  

Mobile: 0406 252 655
Phone: 9544 0000

Helena  Pipic

Helena Pipic

Residential Sales & Marketing - 0499 480 444  

Phone: 9544 0000

Lexene David

Lexene David

Commercial Sales & Leasing Manager  

Phone: 9544 0000

Suzanne Boylan

Suzanne Boylan

Residential Sales Agent  

Mobile: 0413 678 226
Phone: 9544 0000

Bret Ransley

Bret Ransley

Residential Property Manager  

Phone: 9544 0000

Matilda Garling

Matilda Garling

Residential Property Officer  

Phone: 9544 0000

Kirsten Saxby

Kirsten Saxby

Front of House & Sales Administration  

Phone: 9544 0000

Lesley  Mckevett

Lesley Mckevett

Company Accounts  

Phone: 9544 0000

Jamie Vaughan

Jamie Vaughan

Residential Sales Assistant 

Phone: 9544 0000

RBA CUTS INTEREST RATES TO HISTORIC LOW OF 1.75%

Wednesday 04 May 2016 - by Christian Payne

The Reserve Bank of Australia has today cut interest rates to a new historic low of 1.75%, following the previously low rate of 2% where it has remained at since May 2015.

The National Australia Bank has been the first bank to announce it will pass on the 25 basis point reduction in full to its variable rate home loan customers. The RBA’s decision is expected to add pressure to Australian banks to also cut their lending rates by the full 0.25 percentage points.

RBA governor Glenn Stevens said of the cut, “In reaching today’s decision, the board took careful note of developments in the housing market, where indications are that the effects of supervisory measures are strengthening lending standards and that price pressures have tended to abate.

At present, the potential risks of lower interest rates in this area are less than they were a year ago.”

According to Canstar, the cut could save homeowners around $72 per month based on a $500 000 mortgage. This is great news for both mortgage holders and prospective homebuyers and experts predict future rate cuts may be expected over the next three months.

For more information on how this rate cut can help you find your perfect home, please contact our office on 9544 0000

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