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Alert notice

Interest Rate Increase - Thursday 5 February: Following the RBA’s decision to change the official cash rate, interest rates for owner occupier, investor and commercial variable loans will increase by 0.25%, effective 19 February 2026. From 19 February 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.

2026-02-03 3:38 pm
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Bank Australia increases interest rates across savings and term deposit products

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Bank Australia announced it will increase interest rates across its range of term deposit and savings products.

From Thursday 10 November, Bonus Saver, mySaver and Online Saver rates will increase by 0.50%. Our term deposit rates will also also increase by 0.50% for terms less than 12 months, and by 0.25% for terms of more than 12 months.

Customers will soon receive more information on these changes.

For any help and further queries, customers can contact us on 132 888 or visit their nearest branch.

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