The RBA set the rate at 0.10% on November 3, 2020. Yet still Credit Cards / Business Loans / Personal Loans / Leases / Pay Day Loans / Shark Loans etc all high level 10%-20%-30%-40% or worse even higher.

On a side note, happy to say the government as stepped in with the COVID LOAN GUARANTEE SCHEME!

For example 1st offering:

https://www.commbank.com.au/business/eform/market-rate-loan-enquiry.html?ei=CTA-ApplyLoan

For example 2nd offerings:

https://www.commbank.com.au/latest/coronavirus/business-support.html?ei=cor_newloan#new