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We're banking
for a brighter future.

What is impact finance?

Impact finance is how we contribute to a world where people and the planet thrive – through the people, businesses and projects that we lend to and invest in.

Our impact finance work balances purpose and profit

Commercial banks, like Bank Australia, lend money to their customers. The revenue generated from products and services like these deliver profits.

Where we can, we choose to use our lending power to help finance and grow initiatives that deliver positive impact in our society. We call them impact assets.

Our impact assets grow what’s good in society

Our impact assets represent meaningful relationships

Impact assets are the most important lever we have to affect change in areas that matter to our customers. This is because this financing is mutually beneficial for Bank Australia and the partner organisation, providing a strong platform for sustained impact.

Our impact finance activities are a perfect demonstration of Bank Australia’s commitment to balancing purpose and profit.

Our impact assets come in many shapes and sizes

For example, we finance new homes for people living with a disability, back developers building accessible and net zero homes, support Aboriginal and Torres Strait Islander customers on their home ownership journeys and reward customers for choosing to build or renovate an energy efficient home.

Together we’re funding the solutions. Not the problems.

Our customers

Clean energy transition

Not-for-profits

Affordable and accessible housing

Green and sustainable investments

Fossil fuels

Live animal export

Arms industry

Gambling

Tobacco

Featured

How Tunde bought his first home with Indigenous Business Australia

When Babatunde started researching the purchase of his first property in Melbourne, he wanted to understand all of the options available to him. After successfully applying for an Indigenous Business Australia home loan, he was able to buy a home full of peace and potential.

Above: Babatunde in his new home

Our impact
continues to grow

We are proud that our Impact Assets are growing to become a larger proportion of our portfolio. We want to continue this trend, and make more ambitious investments that truly push the dial on the areas important to our customers.

Total Assets

$9.3b

Impact Assets

$1.8b

How does it work?

The processes that guide our impact finance work includes the development of strategies, identifying opportunities, and reviewing our partnerships as they mature.

1

Establishing our impact areas

We call on our customers to guide the identification of different impact areas, which represent a set of issues important to them. We capture these issues through through surveys and other engagement with our customers.

2

Setting our impact strategies

Once our impact areas have been chosen, we develop strategies to define and accelerate positive outcomes. One of the most powerful levers we use to affect change is impact finance.

3

Exploring partnerships

Our Impact Lending team is committed to finding impact partnerships across Australia. We are particularly interested in initiatives and organisations that other banks might overlook, and that create outsized impact.

4

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Where do we create impact?

Climate action

It’s time to raise the bar on climate action. We know that 2050 is too late, and that our customers care deeply about taking decisive action. We want to help Australia build the future we all deserve. The time for change is now.

Affordable and accessible housing

We believe everyone is entitled to live in an affordable home that meets their needs. We are also active in funding green homes through our impact lending business.

First Nations Recognition and Respect

This strategy sets our vision to 2030 for walking together towards First Nations justice, reconciliation and self-determination. Now more than ever we need to continue progressing reconciliation, and our ongoing commitment to the full realisation of the Uluru Statement from the Heart.

Nature and biodiversity 

Together with our customers and partners, we’re working towards a 2030 where nature is protected and recovering. Our nature and biodiversity strategy recognises the links between nature and biodiversity and Bank Australia’s other impact priorities.

Together, we have funded
$1.8 billion in impact assets

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Our impact projects

Bridging the in-between

Contact the Impact Lending team

If your organisation needs debt to scale its impact, get in touch with our Impact Lending team.

Above: Simon and Sarah's 10-star rated home in Cape Paterson