RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.48% (6.24%*) • Fixed: 5.48% (6.24%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.74% (6.40%*) • Investment PI: 5.49% (6.27%*)

Bank of New South Wales, Murgon, c1921

Bank of New South Wales, Lamb Street, Murgon, c1921 (about 225km from Brisbane, QLD). The first European settlers arrived in the Murgon area in 1843, taking up land which is now known as Barrambah Station. Murgon derived its name from a lily pond located on Barambah Station. The rich and fertile land was used for agriculture and dairying. Logging was another prosperous industry. The town didn't start to develop until the early 1900s. Large properties were divided into smaller allotments, and the local population increased. The town was surveyed and the sale of these lots took place in 1906. A butter factory was opened in 1913 and a grain shed was built the following year. Current population of the town is around 2500 people.
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The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest payments. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Important Information: Applications are subject to credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Interest rates are subject to change. Offer does not apply to internal refinances and is not transferable between loans. As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on the advice. [ Example Credit Guide Link ]
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