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Low Interest Rates – The Winners and the Losers

Low Interest Rates – The Winners and the Losers

Everyone knows that interest rates in Australia are lower than they have ever been, but no one knows with certainty what the future holds for rates. Even the most seasoned commentators were surprised with the latest drop after the Reserve Bank’s May meeting.

Most predictions are that they will remain at the low end for some time to come, so while borrowers love low rates and savers curse them, what can be done to make the most of the situation?

To find out who wins and who loses…

Click here to read the full article on the Finance Detective Blog