Variable loan and savings account interest rate increase

Bank Australia will increase variable home loan, commercial variable and savings rates in response the RBA’s recent decision to raise the official cash rate.

From 19 February 2026, interest rates will increase by 0.25% for variable rate owner-occupier, commercial and investor loans. For existing home loan customers, repayment changes will be effective from 5 April 2026. From 19 February 2026, deposit rates across the majority of savings products will also increase by 0.25%.

Affected customers will receive more information on the changes to their rate in the coming weeks. Support options are available for customers experiencing difficulty or for those concerned about the impact of rising interest rates and repayments. We encourage you to contact us to talk about your situation. For any help and further queries, customers can contact us on 132 888 or visit their nearest branch.

From 19 February 2026, the below rates will be available: