PepTalk articles for May 2012

With the Reserve Bank of Australia’s recent 50 basis point reduction in the cash rate still ringing in our ears, it’s interesting to note the comments made by RBA governor, Glenn Stevens, around the increasing separation between the RBA’s cash rate and the mortgage interest rates set by the market, including major banks, regional banks and other non-bank lenders. In my opinion, this acknowledgement is well overdue.