Comparison site RateCity has claimed that only 6% of more than 110 lenders have made any move on rates since the Reserve Bank cut the official cash rate.  Pressure and stern words from Treasurer Wayne Swan have also failed to prompt action on the part of the banks, and notable holdouts include the big four, Bankwest, Citibank, ING Direct and St. George.

RateCity chief executive Damian Smith has urged borrowers to desert their lender if the rate cut stalemate continues. “There is really no need to stick with your current lender if they aren’t willing to budge on interest rates or they aren’t one of the most competitive on the market,” he said. Bank of Queensland, ME Bank, ANZ and Heritage have been among the few lenders to announce they will pass on the full 25bp cut to borrowers.

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Our team of specialist has access to large range of lenders giving you more lending options and flexibility then ever before. AGM Williams & Co has been established for over a decade and have become a household name in the truck financing industry. Our finance consultants at AGM Williams & Co will meet your requirements for all types of wheels, machinery and equipment. We know how!

Whether is be Prime movers, excavators, loaders or tippers AGM Williams can get you moving!

Funding methods that we provide are Chattel Mortgage, Hire Purchase, finance leasing and consumer finance. Our finance brokers are trained to conduct all relevant checks and present your application accordingly to gain an approval status. AGM Williams & Co provides unbeatable rates! Due to the large volumes of business we direct to the lenders we receive discounted rates better then the banks! Our applications always receive prompt attention so you can get trucking faster!

Our Team is determined and dedicated to deliver superior customer service, here at AGM Williams & Co we place the customer in the centre of everything we do. Our finance consultants’ are committed to our promise: ‘We will not be beaten on price or service”.

AN unexpected rise in the jobless rate after the loss of 39,900 full-time jobs is tipped to push the RBA to further lower rates.