Yellow Brick Road Holdings Limited (ASX Code: YBR) ("Yellow Brick Road") has confirmed that it will pass on the full .25 per cent reduction in the official cash rate to its home loan customers. Yellow Brick Road's Rate Smasher variable home loan will move to 4.74 per cent p.a. and the Empower variable rate home loan will move to 4.95 per cent p.a. Both rates are the true rates that the customer can expect to pay on the loans. They are not discount rates and they are among the lowest rates in the market.

"Yesterday Yellow Brick Road announced that we are dropping all discount advertising in favour of 'true rate' advertising, and today we are improving our market leading rates by passing on the full rate reduction to our Empower home loan customers," says Yellow Brick Road Executive Chairman Mark Bouris. "We are committed to giving consumers the best possible deal on their home loan with full transparency. We urge all other lenders, banks included, to start to advertise true rates so consumers can actually compare their interest rates against the market."

For more information on Yellow Brick Road "True Rate" campaign, please visit our website by clicking here: LINK

ENDS
For more information, contact:
Chelsea O'Donnell
PR Manager
Yellow Brick Road Wealth Management
T 02 8226 8202
M 0414 704 033
E Chelsea.ODonnell@ybr.com.au

About Yellow Brick Road
Yellow Brick Road is a group of wealth management and financial services companies headed by Executive Chairman Mark Bouris. Yellow Brick Road offers tailored advice and services to Australians wanting to build financial security for the future. With over 150 branches and licensees nationally and growing, Yellow Brick Road is committed to delivering accessibility, quality financial advice and competition in the market.
For more information visit www.ybr.com.au

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