Important information

Please be aware of the following;

Effective Immediately Tuesday 6th March 2012 Credit License Cancellation Lodged By Us With ASIC

Ability Finance have elected to cease all credit activities covered by ASIC credit licensing for various reasons including but not limited to;

  1. Lender commission cuts over the past few years.
  2. Additional liability, workload and costs arising from National Credit Licensing
  3. Lender minimum volume restrictions which result in smaller brokers not being able to offer all options to customers.
  4. Regularly encountered inexperienced lender staff who are unaware of their own employers policies whose advice wastes both broker and customers time and resources.
  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.
  • No information or content contained on this site should be relied on as being current.
  • No content contained within this site should be taken as advice in any way at all.

Should you feel there is any content that should be removed from this site please contact the webmaster.
By any chance you feel specific content is interpreted as offering any credit activities by us it is to be ignored, please report to the webmaster for removal or modification.
If you are legally entitled to engage in credit activities and would like to advertise on this site please contact the webmaster.
If you would like a website developed or even to purchase this site modified to your requirements please contact the webmaster.
Meanwhile we are working hard at creating a one stop shop for purchasing high quality spray painting equipment online including an extensive range of the best spray gun models we are able to offer at discounted prices everyday right across the complete range of available spray gun models. Online spray gun prices with old fashioned personal service levels.

RBA Cash Rate Down to 3 Percent

Australian Cash Rate 3.00%

The Reserve Bank today announced the cash rate will reduce to 3.00 percent, effective tomorrow the 8th April 2009.

This is the lowest the cash rate has been for 49 years.

At this stage we are only aware of one lender passing on any of the cut whith Commonwealth announcing they will reduce the standard variable interest rate by 0.10 percent.

The below graph shows the history of the cash rate in Australia since 1990. The average cash rate over this time is 7.03 percent.

Anyone currently wishing to home loan refinance to a better home loan rate can visit home loan refinance Australia to send their refinance information to a finance broker who cab shop around a wide range of banks and lenders to find you a suitable home loan to refinance to.