Interest rate announcement - 12 August 2022. 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 18 August 2022, interest rates will increase by 0.50% for variable rate owner-occupier and investor loans, while commercial variable rate loans will also increase by 0.50%. For existing home loan customers, repayment changes will be effective from 1 October 2022. Read more here.

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2022-04-28 10:05 am
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David Wakeley

David Wakeley

David Wakeley

David joined our board as an independent non-executive director in January 2017.

As well as sitting on our board, he also holds the following positions on the committees of the board:

  • Chair of the Risk Committee; and
  • member of the Governance & Remuneration Committee.

David has a diverse background and over 30 years’ experience in a variety of industries including professional accounting, pharmaceuticals, motoring services, education and financial services.

Previously, he was CEO of Autopia Management Pty Ltd and prior to this, CEO of AIM NSW & ACT Pty Ltd and Virgin Money Australia Pty Limited.

David is currently engaged in a portfolio of activities including coaching, mentoring and an advisor to a number of private companies in the technology space. He is also a Non-executive Director of ParaFlare Holdings Pty Ltd, UrbanSurf Pty Ltd and Robert Menzies College at Macquarie University.

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