How are you placed should interest rates rise?

Can you remember back to November 2010?

It was the last time the Reserve Bank of Australia raised the cash rate, to 4.75 per cent.

A lot has happened since then, including plenty of interest rate cuts: the cash rate now stands at 1.5 per cent – a historical low.

We are now at a point in time where the economy is improving and the official cash rate is tipped to rise sometime in 2018, which will put an end to the easing cycle.

The banks are facing increased regulatory pressure from the Australian Prudential Regulation Authority (APRA). Australian banks face some of the toughest guidelines in the financial world.

How are you placed should interest rates rise? It’s time to act now and position your financial circumstances to cushion the effects should interest rates increase.

Carl Thompson – Commercial Lending Specialist, Strategic Investor Group