mate's rates

mate's rates

pl n
chiefly informal Austral and NZ preferential rates of payment offered to a friend
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive
MATE'S RATES Egypt's improved macro stability coaxed the Central Bank into cutting rates for the first time since the 2011 revolution.
20% WONDER IF I'D GET MATE'S RATES IF I TOOK THE WIFE TO FERNANDO'S?
Mate's rates with the Tories don't just include sweetheart tax deals with Google Fat Cats but taxpayer's cash for chums while there's a kick in the wallets for everywhere else, a measly 4% of that extra cash destined for Labour councils.
Shadow Chancellor John McDonnell said: "We can't have mate's rates when it comes to taxes.
We've already spent our full fee from the show on the production and in typical Fontaines manner; everything else is on mate's rates. I can't thank them enough.
Is that what is meant by 'mate's rates?' What a way to run a country.
But Tony and Todd are angry when Jason offers a loft conversion at mate's rates. Can he be persuaded to cut a better deal?
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