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  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.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.

Reserve Bank Announces 0.25 Percent Cash Rate Increase

Today at 2.30PM the Reserve Bank of Australia has announced an 0.25 percent increase to the cash rate effective tomorrow the 7th October 2009.

This is the first increase to the cash rate since March 2008 when the cash rate was increased to 7.25 percent. Following the March 2008 increase to 7.25 percent the cash rate was lowered by 0.25 percent to 7.00 percent at the beginning of September 2008 then was reduced 1.00 percent in October 2008, 0.75 percent in November 2008, 1.00 percent in December 2008, another 1.00 percent in February 2009 and finally another 0.25 percent in April 2009 to 3.00 percent.

The below graph illustrates the movement of the cash rate since January 1990 to October 2009.

If you are wondering how your existing home loan compares to other home loan options you can easily send us all your information using the online enquiry form over at Home Loan Refinance and we can calculate are range of competetive options using our advanced home loan qualifier and comparative software.

Home loans almost always include various fees and charges and without taking these additional costs into account, comparing home loans by interest rate alone can be almost meaningless.