Following the reduction of the RBA cash rate by 15bps, the JBWere Cash Trust interest rate will also decrease by 15bps from 0.16% p.a. to 0.01% p.a.
The reduced rate is effective 4 November 2020.
^This interest rate is payable net of management costs (which vary up to 0.90% pa) and may vary depending on a range of factors, including (but not limited to) changes in the cash rate target determined by the Reserve Bank of Australia.
|0.16% p.a.||20 March 2020||
Following the reduction of the RBA cash rate by 25bps, the JBWere Cash Trust interest rate will also decrease by 25bps from 0.41% p.a. to 0.16% p.a.
The reduced rate is effective 20 March 2020.
|0.41% p.a.||4 March 2020||
The JBWere Cash Trust interest rate paid to clients will decrease from 0.66% p.a. to 0.41% p.a.
This interest rate decrease is effective from 4 March 2020.