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19 May 2015 - Goldfields Money changes to interest rates

Following the reduction in the Official Cash Rate by the Reserve Bank of Australia, Goldfields Money has reduced its variable lending rates on housing and business loans by 0.20% effective 25 May 2015

The current special Term Deposit rate is for 9 months at 3.05% (interest on maturity)

In addition, we have reduced our rates on our fixed rate home loans and deposit rates as follows:

Term        Interest Rate       Comparison Rate
2 years       4.59%pa                  4.74%pa
3 years       4.59%pa                  4.73%pa
4 years       4.89%pa                  4.82%pa   
5 years       4.89%pa                  4.83%pa

Cash Management Account (S3):
$500,000+                       1.75%
$100,000 - $499,999     0.75%

Business Gold Account (S30):
$500,000+                        1.75%
$100,000 - $499,999      0.75%