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.
While it’s life admin when switching your banking and direct debits, it’s worth it to know your money is doing good, not harm, for people and the planet.
We invest in industries that do good, not harm. No fossil fuels, weapons, tobacco or gambling.
Rest assured that your money is not supporting industries that do harm, like fossil fuels or animal exports.
Manage your money 24/7 with our app and internet banking, plus over 10,000 free ATMs.