mate's rates

mate's rates

pl n
chiefly informal Austral and NZ preferential rates of payment offered to a friend
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?