Have you seen a few banks lowering their interest rates further than your current bank?

With several banks dropping rates after the RBA cut, you may be thinking why hasn’t your lender passed on the rate cut?

Should you be racing out to change lenders?

Our advice:

  • Wait a little longer to see how all the lenders pan out in terms of rate changes.
  • Look more deeply into the actual rate you are paying. Your rate is often dependent on the discount the lender has given you off the standard variable.


So, a lender that has potentially not passed on the full rate cut, may be giving greater discounts. Therefore, the actual rate that you are paying is in fact lower than a competitor who passed on the full rate cut but hasn’t given as big a discount.

Now is an ideal time for you to be talking to your broker about what’s happening in the market.

  • What options are out there?
  • What fixed rate options are out there?
  • Let’s see if we can save you money!


Property Wizards has one of the largest selection of lenders available on our panel. We have access to lenders that work exclusively with a few select brokers only. So, whether you want to negotiate a more competitive interest rate with your current lender or wish to find a better suited product for your needs with a new lender, we can help!

Let’s talk! Call us today (08) 9381-7450.


If you’re ready to invest and you’ve got any questions about finance, call us for a free Financial Health Check: 08·9381·7450 or download our Finance Services information.


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Property Wizards believes everyone has the right to the knowledge to help you accumulate wealth, no matter your background, education or income.

We can help you unlock the potential of the real estate market for your family through savvy property selection, negotiation on price and conditions, development expertise and the magic of robust research.

Regardless of market conditions, our research, local knowledge, and access to silent sales means we find the hidden gems that can outperform the market in capital growth and rental returns for long term wealth creation.

Importantly, we’re able to provide property investors and homebuyers with the same level of representation that property sellers have benefited from for years.

Your property portfolio is your path to financial freedom and the lifestyle you’ve been longing for.

Property Wizards takes away the stress of buying a property and saves you money at the same time. We can show you how, or you can sit back and let us do all the hard work for you.