SWF selfwealth limited

SMSF Leaders ETF, page-6

  1. 7,139 Posts.
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    "The RBA has cut rates to 0.75%"

    Damn. I expect SWF can barely reduce the interest currently paid on client balances (currently 0-0.1%?), so their net interest margin will probably reduce. I'm guessing ANZ will follow the RBA and reduce the interest rate that SWF receives.
 
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