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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What you need to know about refinancing

1. What it means to refinance

Thinking about moving your home loan to another product or lender? Find out if it’s right for you.

Bank Australia people

We’re surrounded by staff and customers who really care about making a positive impact in their communities. Our customers have a voice in how we invest, and our staff listen.

Our people

3. What’s involved in refinancing?

You’ve decided you want to refinance, but what if it’s all too hard? See how workable it could be and the steps to follow.
Above: Bank Australia customers, Michelle and Nathan.

Customer story

Michelle built a sustainable home

"we’ve reduced our environmental impact and have fewer bills, which means we can spend that money on the everyday costs of raising a family, and invest our time in our growing community.”

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