Rates Announcement – 21 Feb

Good news for our current Home Loan members and new members. 

Following the Reserve Bank of Australia’s (RBA) decision to reduce the official cash rate by 0.25% p.a. we’re reducing our home loan variable rate interest rate by 0.25% p.a. effective 28 February 2025.

What’s Changing:

All Variable Rate Home Loans

For new borrowers: Effective 28 February 2025, we will decrease the interest rates for new variable rate home and investment loan borrowers by 0.25% p.a.

For existing borrowers: Effective 28 February 2025, we will be decreasing the interest rate for existing variable rate home loan borrowers for both Owner Occupied and Investment loans, (Principal and Interest (P& I) and Interest Only (IO)) by 0.25% p.a. affecting repayments from 28 February 2025.

For more info on changes to our Home Loan interest rates, visit our Home Loan and interest rate pages.

*Terms and conditions, lending and eligibility criteria apply and are available here.