Are you aware of interest rate discrimination, if yes or no, read on...

The RBA has reduced its cash rate from approx 5% in 1999 to 1% in 2019 and now 0.25% in 2020

Since then most Credit Cards / Business loans / Personal loans / Lease loans have not adjusted their maximum default cash rate of say 10% - 22% or even worse 40%+

In the meantime Mortgage borrowers of $300k-$500k-$1m or more have always been given more and more breathing room each year via a lower variable or fixed rates!

Also, say property investors with 2+ or 10+ or 20+ or 500+ if not many more houses or commercial buildings have been pocketing the extra money - this is a blatant case of interest rate discrimination almost always favoring the rich/wealthy.

Please raise awareness with your local friends, family, local MP and federal MP, so that together we can stop & reform this ancient barbaric form enslavement.

Thank you & bless