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2022-10-07 2:57 pm
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Bank Australia variable loan rate decrease

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Variable loan interest 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.

Interest rates will decrease by 0.25% for variable owner-occupier and investor loans effective 4 March 2025. Commercial variable rate loans will also decrease by 0.25%.

Home loan customers will be advised of the changes to their rate and repayments shortly. For any help and further queries, customers can contact us on 132 888 or visit their nearest branch.