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Small Lenders Not Ruling Out Rate Hikes

Discussion in 'Property Finance' started by Waterboy, 15th Oct, 2015.

  1. Waterboy

    Waterboy Well-Known Member

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  2. Waterboy

    Waterboy Well-Known Member

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    "Regional banks, mutual and non-bank lenders won't rule out taking the opportunity to bolster profits should the major banks copy Westpac's interest rate rise.

    This is despite not being subject to the same capital hikes imposed by the banking regulator on the big banks."
     
    Perthguy likes this.
  3. D.T.

    D.T. Adelaide Property Manager Business Member

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    Doesn't affect very much for me. Adds about 8k a year in interest costs but the returns cover that.
     
  4. Waterboy

    Waterboy Well-Known Member

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    wouldn't if be nice if you used that for a Euro holiday instead?
     
  5. euro73

    euro73 Well-Known Member Business Member

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    Dave doesnt need to pay for my holidays :)
     
  6. Waterboy

    Waterboy Well-Known Member

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    Well wouldn't it be nice if he did?
     
  7. euro73

    euro73 Well-Known Member Business Member

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    Dave? Keen? ......... the sound of crickets......
     
  8. Waterboy

    Waterboy Well-Known Member

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    Seriously think about it.