Article #976497248

Thursday, September 2nd 2010, 7:07AM

Southern Cross Building Society has stepped away from the current trend of the moment and increased its six-month rate by 15 basis points to 6.15%.

General Finance and its subsidiary, Cairns Lockie has cut its two year fixed rates by 9 basis points (bps) to 6.90% and its three and five-year rates by five bps to 7.35% and 7.90% respectively and its four-year rate dropped by 15 points to 7.65%.

In news, the residential property sector has slipped in July after edging into positive figures in the previous month.

 

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