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Prior to the global financial crisis (GFC), the cost to banks for their short-term funds was only a small amount (i.e. spread) above the cash rate. Note that prior to the GFC, this spread remained relatively steady, even after the RBA changed the cash rate. That is, as the cash rate changed, so...

Gday A couple of points here: 1. All banks fund on BBSW + credit risk margin on a development of that size. I would renegotiate with your lender as you are holding the properties. Most banks will be pretty flexible on this ? the rate is generally higher when it is just a straight develop and...