Reserve Bank cuts interest rates to record low of 0.1% during COVID-19 recession

In an extraordinary move, the Reserve Bank of Australia has cut the official cash rate – lowering it by 15 basis points to a new record low of 0.10%.

The decision was made because the coronavirus crisis presents unique challenges to the Australian economy.

Statement by the R

Over the next several days, banks and lenders may announce adjustments to their interest rates in response to this historic drop.

This is great news for borrowers so please get in touch if you'd like to discuss your options.

For more information regarding your personal situation please contact Regional Finance Brokers on 02 6885 0588

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1/46 Church Street Dubbo New South Wales   
02 6885 0588


We’re a proudly independent, family-owned and operated regional mortgage broker located in Dubbo, NSW.
We specialise in providing expert financial guidance, mortgage advice and lending services to residents throughout Dubbo.  


We pride ourselves in being a customer-focused business first, and a finance business second.
We handle each application from start to finish, ensuring that each customer gets the most viable option relevant to their personal financial situation. We aim to simplify the process and remove the stress, so our clients enjoy the journey. We’re local, skilled and driven to provide Dubbo residents with tailored, professional financial services.


We’re the local Dubbo home loans specialist you want on your side.

Regional Finance Brokers  is a Credit Representative 453008 of  My Local Broker Pty Ltd ACN 605 003 174 Australian Credit Licence 481374 
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