Bi-directional arrow

Six lenders announce increases to variable mortgage rates

by OnDeck Australia,   Dec 12, 2022

Mortgage Professional Australia Magazine 

07 December 2022


Discussing how SMEs were managing official cash rate rises, OnDeck Australia CEO Cameron Poolman (pictured below) said most small businesses were taking the increases in their stride.

“As our rates are fixed, our customers can be confident that changes to the official cash rate won’t affect their cash flow,” Poolman said.

Other issues, such as cyber security and rising energy prices, were having a greater impact on profitability, he said.


Read the full article here.

Get Started