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Reserve Bank of Australia cuts cash rate to fight deflation.

The Reserve Bank of Australia has cut the cash rate to a record low of 1.75 per cent in a bid to head off falling prices and an economic downturn.
The Australian dollar, which had risen solidly ahead of the decision, dropped like a stone. It was last trading around US75.92¢, down from just above US77¢.
The cut, the first in a year, came less than a week after a shock drop in core inflation to well below the central bank's 2 per cent to 3 per cent target band.



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Whether you are looking for a business loan, a car loan, a home loan, want to refinance or invest in property, or need finance for business equipment or computer rental, Bridgecoast Finance Group has the expertise to secure the BEST financial options for you.

At Bridgecoast Finance Group we take great pride in helping you obtain the finance you need for every stage and facet of your life. From personal to business, we’re there with you every step of the way.

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Working with us at Bridgecoast Finance, you will notice that we do things very differently. Our philosophy is simple – to act as your partners in finance and support you every step of the way. We work closely with you to ensure the finance proposal we submit on your behalf will satisfy the requirements of the lender.

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We constantly monitor and evaluate the performance of lenders and scrutinise their new products and services. As a result, you can be sure we will find the best financial deal available for you.

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