{ "@context": "https://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.bankaust.com.au/blog/{{slug}}" }, "headline": "{{title}}", "description": "{{desc}}", "image": "{{image}}", "author": { "@type": "Organization", "name": "Bank Australia", "url": "https://www.bankaust.com.au/" }, "publisher": { "@type": "Organization", "name": "Bank Australia", "logo": { "@type": "ImageObject", "url": "https://cdn.prod.website-files.com/64d5d5beb2a67e9491ecdff8/64d5d5beb2a67e9491ece00c_BA-logo-white.webp" } }, "datePublished": "{{datePublished}}", "dateModified": "{{dateModified}}" }
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
Alert notice

Romance Scam Alert — Wednesday 11 February: Scammers are using online relationships to steal money and personal information. Watch for fast‑moving relationships, refusal to meet, or urgent requests for help. Learn more.

2022-11-07 12:47 pm
Back to blog
News

Bank Australia Variable loan interest rates increase

Photo journal

Variable loan interest rates increase

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 10 November 2022, interest rates will increase by 0.25% for variable rate owner-occupier and investor loans. Commercial variable rate loans will also increase by 0.25%. For existing home loan customers, repayment changes will be effective from 2 January 2023.

We are also reviewing rates for savings accounts and we'll have further a update for customers shortly.

Support options are available for customers experiencing difficultly or for those concerned about the impact of rising interest rates and repayments, and we encourage you to contact us to talk about your situation.

Affected home loan customers will receive more information on the changes to their rate and repayments in the coming weeks. For any help and further queries, customers can contact us on 132 888 or visit their nearest branch.

Related stories

Money

Facebook Marketplace and Gumtree scams are rising: Most losses under $300

Marketplace scams are on the rise in Australia, with small‑value losses becoming increasingly common. Learn the key warning signs, who scammers are targeting in 2026, and practical steps to protect yourself when buying or selling online.

Read more tips for staying safe online

News

Conservation collaboration set to protect Wimmera’s unique wildlife

Threatened wildlife like the critically endangered South-east Red-tailed Black-cockatoo have a bright future thanks to a renewed conservation partnership with Bank Australia in the Wimmera.

Planet

Bank Australia loves birds – here’s the proof

From the much-loved Australian Bird of the Year campaign to hands-on habitat restoration, Bank Australia’s support for native birds runs deep. Birds can be powerful indicators of ecosystem vitality, and by helping them thrive, we’re working towards a healthier planet for everyone.

Impact

Meet the artist behind Bank Australia’s ‘Aquarium of Tomorrow’ discarded plastic installation

To mark the launch of our new recycled plastic bank cards – made with 100% recycled plastic, 64% collected from coastal communities by Parley for the Oceans – we collaborated with artist Swapna Namboodiri to create the ‘Aquarium of Tomorrow’, a discarded plastic-focused, public art installation.

News

Bank Australia variable loan rate decrease

Bank Australia will decrease variable home loan and commercial rates in response to the RBA’s recent decision to cut the official cash rate.

News

Bank Australia and Qudos Bank officially merge to create one of Australia’s largest customer-owned banks