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Thanks, i'll send token a PM

When will this affect the treasury rate of an individual bank? The reason why i ask is that I have sold my home and it settles on friday 5th. It's a fixed rate loan so the break costs will be substantial (i got a break cost indicative amount today). I'm thinking that the break costs are likely...

So it takes effect the moment of the announcement? ie 2:30pm

Hi all This is a simple question but I can't seem to find the answer. I am aware that the Reserve bank is meeting again on 2 december and that it's expected that there will be an announcement of another rate cut. My question is when the cut (assuming there is one) will actually take...