PRESS RELEASE: 28/1/2010
AUSSIE BOSS EXPECTS RATE RISE NEXT WEEK
Chairman and Chief Executive Officer of Aussie Home Loans, Mr John Symond, expects the Reserve
Bank to lift official interest rates next Tuesday (February 2) on the back of positive economic data
and suggested home owners start shopping around for a new deal to offset the higher costs as a
result.
Mr Symond suggested home owners and credit card holders actively seek to offset the hike in
interest rate costs to their mortgages and credit cards.
He said, “With the start of a new year and the higher rates, it is the perfect time for people with
mortgages and credit card debts to shop around and find cheaper and more flexible financing deals.
“We are finding growing numbers of people who have poor mortgages and finance packages and are
doing anything to shake off their apathy. Our research now shows the average customer with a
mortgage over two years old can save more than 0.5 per cent per annum by changing their lender”,
he added.
For Further Information Call:
John Symond
Tim Allerton
Aussie
City PR
(02) 8297 0702
(02) 9267 4511
(0412) 715 707.
NEWS 
