This week the Reserve Bank of Australia were ever so kind to slash interest rates by 0.25% – the second reduction in as many months. Hopefully your Bank is not being a Grinch this Christmas and has passed the rate on. If they haven’t, pick up the phone and mention the “O” word (Ombudsman). I once worked in finance and staff crap themselves over this one.
If you have an average mortgage of $300,000 you stand to save about $50 per month. Fifty big ones might not buy you an entire outfit but it’ll get you close, hence this week’s fashion picks are all under $50.
French Connection Crop Tee – $39.95
Sussan Tribal Necklace – $39.95
Seed Flat Espadrille $29.95
Country Road Crochet Tank – $49.95
Treasurer Wayne Swan would be excited we are propping up the economy with our mortgage savings, so shop with pride this Christmas. Wayne is also a Cancerian who likes barbecuing and surfing in his free time.