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Home : Billion Dollar Loan : 25 Billion Dollar Loan : MSN Newsfeeds : Homeowners robbed of $500k a day as banks swipe rates cash - News.com.au

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Homeowners robbed of $500k a day as banks swipe rates cash - News.com.au

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This article related to: 25 Billion Dollar Loan

THE big banks are set to deny struggling homeowners $500,000 a day in loan repayments by refusing to pass on today's expected 0.5 per cent cut in official interest rates. The Reserve Bank of Australia is expected to cut official rates to 6.5 per cent ...

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