The RBA left the official cash rate on hold at 1.5% throughout the entire year – but that didn’t stop the banks sneaking in the odd rate rise of their own.
APRA cracked down on the banks to tighten their lending standards – which has made it a little harder to obtain finance if you don’t have your ducks in a row.
And the Royal Commission shone its spotlight on serious misconduct and poor lending standards by some of Australia’s biggest banks – which will hopefully only continue to improve competitiveness amongst lenders moving forward.
Recap aside, we are sincerely thankful for your support over the past twelve months.
It’s been an absolute pleasure working with you towards your finance and lifestyle goals.
Whether you’re celebrating the festive season with family and friends, or getting away somewhere nice and relaxing, we hope you have a wonderful break over the summer holidays.
Here’s to a prosperous 2019!
We look forward to working with you again in the year ahead.
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