Lenders passing on rate cuts to borrowers but not businesses: RBA charts

Mortgage holders have received interest rate relief from lenders but businesses lending rates have not dipped at all, the latest RBA chart pack has revealed.

Business lending rates have not dipped following the November and December 2011 rate cuts:

Mortgage holders have received interest rate relief from lenders but businesses lending rates have not dipped at all, the latest RBA chart pack has revealed.

The chart pack also shows how the three-year fixed lending rate has fallen over the past year both for housing and small businesses in line with the benchmark 90-day Bank Bill Swap Reference Rate.

This chart showing state output shows the impact the mining boom is having on the Western Australian economy and its growing share of the national output:

 

 

 

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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