Interest rate decrease
In response to the recent change in the Reserve Bank of Australia’s cash rate, we’re pleased to let our customers know our standard variable interest rate will decrease from 7.85% pa to 7.60% pa*.
*If you have a loan that commenced prior to and including 16 October 2009, your standard variable interest rate will decrease from 7.07% pa to 6.82% pa.
We'll be in touch.
You'll receive an update from us soon to let you know your new minimum monthly repayment amount and the date this change will come into place.
We're here to help with free financial coaching.
You may choose to keep your repayments at your current amount to pay off your home loan faster, or lower your repayments to your new minimum if applicable. If you're not sure how to weigh up your options or would like to set up some financial goals, now is a great time to explore our free financial coaching service.
Check our app to check when you're ready to move on with your home loan.
Our Keystart app shows you the estimated value of your property and your loan balance, so you'll know when it's time to refinance and move on to another lender. You can also edit your direct debits; check your transactions; make additional payments easily and securely; and get payment reminders. Head to your app store and search for Keystart.
If you have a fixed shared ownership loan, while you aren't able to refinance to another lender, you'll find the app has loads of useful features.
All about interest rates
To learn more about interest rates, take a look at Your financial wellbeing guide to interest rates on our website.
