Alert

Interest rate announcement - 12 August 2022. Bank Australia will increase variable home loan and commercial variable rates in response the RBA’s recent decision to raise the official cash rate. From 18 August 2022, interest rates will increase by 0.50% for variable rate owner-occupier and investor loans, while commercial variable rate loans will also increase by 0.50%. For existing home loan customers, repayment changes will be effective from 1 October 2022. Read more here.

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2022-06-21 5:06 pm
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Home loans shouldn’t cost the Earth

Why us?

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Home loans for different needs including our low-fee Basic Home Loan, the Premium Home Loan Package, and our discount rate Clean Energy Home Loan.

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Clean Energy Home Loan

Building or renovating? By adding solar panels, window glazing, insulation and more, you could qualify for a 5-year variable rate discount on your home loan. Likewise if you build a 7+ star rated home.

  • 100% offset
  • No monthly fee
  • Pay it off early at no cost
  • To buy, build or upgrade
Read more
Above: 7+-star rated home in Cape Paterson

Banking done differently

Sure, Bank Australia has a user-friendly app, internet banking, and all the other things you’d expect of a customer-focused bank. But we’ve got so much more, too.

We’re 100% customer-owned, which means you have voting rights. We don’t pay our execs bonuses, which means more funds are used to support people and the planet. And we’ll never use your money (or anyone’s, for that matter) to fund harmful industries like fossil fuels, live animal exports or nuclear weapons.

Above: Simon, Bank Australia customer

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