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Cut to Keystart interest rates eases pressure on WA families

Summary by Ground News
The interest rate on government-backed home loans will be slashed by nearly a full percentage point. The move will substantially ease financial pressure on thousands of the State's most vulnerable families. The decision to overhaul Keystart interest rates will drop from 8.26 per cent to 7.35 per cent.

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The West AustralianThe West Australian
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Cut to Keystart interest rates eases pressure on WA families

The interest rate on government-backed home loans will be trimmed in a move that will ease pressure on thousands of families announced hours after The West Australian highlighted rising Keystart defaults.

·Australia
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The West Australian broke the news in Australia on Monday, June 19, 2023.
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