Bank passing on the June RBA rate Cut? when and by how much?
Posted Tuesday, 05 June 2012 at 15:05 by Shape Home Loans
Tagged: interest rates
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A list of the top banks and how much of the June RBA rate cut each bank are passing on and when?
The RBA announced the cash rate would be cut by 25 basis points on Tuesday 5th June 2012.
**** This page will be updated on a daily basis ****
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| Banks and Tier 2 Lenders | Rate Cut | Effective date | New SV-Rate |
| Adelaide Bank/ | -0.20% | 25th June | 6.90% |
| AMP | -0.20% | 18th June | 6.87% |
| ANZ | -0.25% | 15th June | 6.80% |
| Bank of Queensland ( BOQ) | -0.20% | 16th June | 6.91% |
| Bank of Melbourne | -0.19% | 18th June | 6.80 % |
| Bankwest | -0.20% | 18th June | 6.78% |
| Citibank | -0.20% | 18th June | 7.09% |
| Commonwealth Bank (CBA) | -0.21% | 18th June | 6.54% |
| Heritage Bank | -0.20% | 19th June | 6.74% |
| Homeside Lending | -0.21% | 15th June | 6.81% |
| ING Bank | -0.20% | 15th June | N/A |
| Macqauire Bank | -0.21% | 18th June | 6.85% |
| NAB | -0.21% | 15th June | 6.78%% |
| Police and Nurses Mutural bank | -0.20% | 22nd June | 6.50% |
| St George Bank / Bank SA | -0.18% | 18th June | 6.86% |
| Suncorp Bank | -0.20% | 18th June | 6.88% |
| Rock Building Society | -0.20% | 18th June | 7.09% |
| Westpac | -0.20% | 18th June | 6.89% |
| Wide Bay Australia Lending | -0.20% | 3rd July | 6.94%% |
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