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Savings & Loans have continually increased Variable Loan Rates over the last few months.Can you assure members that they are not going to continue and will there be a reduction in the foreseeable future if the Reserve Bank decease rates next month

G'day Ron. I heard on the radio the other day that SL will cut rates if the RBA goes down this week.

It's up on their site. http://www.savingsloans.com.au/library/RBA%20cut%20to%20be%20passed%20on%2027.8.08.pdf

Hi there,

As a member, I'm curious about where the institution's profits are used, seeing as there's no return for 'share holders' (directly, anyway).

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