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Interest Rate Increase - Tuesday 24 March 2026: 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 1 April 2026. From 1 April 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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Impact

Together, we've raised over $700k to protect The Daintree Rainforest

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We're thrilled to share that with the support of our Bank Australia customers and staff, we have raised over $250,000 (over 4.5 hectares, 8 and a half football fields) this August to help protect the Daintree rainforest—the oldest tropical rainforest in the world!

Thanks to our customers, we surpassed our original goal by $100,000. The money raised  will support the purchasing of  Lot 6, Lot 197 and Lot 93 , helping to protect this precious rainforest forever.

The lot of land that was purchased in the Daintree Rainforest
Boundary of Lot 197

The 3 lots will be transferred back to the Daintree National Park estate by Rainforest 4 Foundation and Halfcut under their Save The Daintree Program. The land will then be jointly managed by  the Eastern Kuku Yalanji Bama people and the Queensland State Government within Cape York Peninsula Aboriginal Land (CYPAL).

This year we saw team members across the Bank Australia team committed to going HalfCut on World HalfCut Day (August 31). They busted out the clippers and shaved half their faces, braided half their hair, and even did half marathons to fundraise. Together they raised over $10,000 to go towards our final total.

Bank Australia team stands together, some have a half shaved beard, some have half of their braided
Members of the Bank Australia team who went HalfCut on World Halfcut Day (August 31)

What’s HalfCut?

HalfCut is a conservation initiative, started by Jimmy HalfCut (James Stanton-Cooke) and Jessica Clarke, to protect crucial forests for habitat for threatened and endangered species. They support Traditional Owners with handover to manage and heal country and culture, expand lots back into national park, and engage in mass rainforest tree planting projects. Their goal is to be part of the solution to the growing climate emergency, ensuring a safe future for all species on earth.

A cassowary
The Southern Cassowary (Casuarius casuarius johnsonii) - Threatened species found within the Daintree Rainforest

Over the last 3 years, Bank Australia has helped raise over $700,000 to protect and hand back over 33 hectares of Daintree rainforest.

Thank you so much to all of our customers, supporters, and staff for donating to this wonderful initiative. We couldn’t have done it without you and are proud to be protecting the future of our forests, which offer invaluable environmental and social benefits to us all.

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