Login
ISCOVER
St George yesterday moved to reduce its rates by 21 basis points, in line with its peers.
The reduction brings St George’s standard variable rate to 8.36 per cent, effective 31 October.
Les Matheson, St George group executive of retail banking, said this latest reduction, “coupled with both the 0.80 per cent reduction announced less than two weeks ago and the 0.30 per cent reduction following the RBA’s 0.25 per cent reduction in September, will come as welcome relief for many Australian families".
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Looking for more benefits?
Become a Premium Member.
“We believe this move reinforces St George’s commitment to remain highly competitive in the home loan market.”
Published: 22-10-08
Today's other news
JOIN THE DISCUSSION