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About our interest rate changes

We actively monitor the financial market and make changes to interest rates to balance the needs of all our customers, including both depositors and borrowers.

Our monitoring includes responding to market movements due to changes in the Reserve Bank of Australia (RBA) cash rate, as well as competitive conditions.

At all times we aim to offer competitive and fair interest rates to our customers.

Our award-winning home loans offer some of the most competitive rates in the market. You can view our current home loan rates here.

We also make sure we’re monitoring interest rates across our great range of savings products. Latest savings and deposit rates can be found here.

Quick tips to help you stay on top of your finances:

  1. Take the stress out of saving and help make your money go further with our easy to use budget planner.
  2. Find out how you can boost your hard-earned savings with our term deposit calculator.
  3. Got your eye on something special? We’ve got just the tool to get your savings journey started savings planner.
  4. Interest rates hitting the hip pocket? Learn how an offset account can help take the edge off your loan.

Frequently asked questions

Why are you increasing your home loan interest rates when the RBA hasn’t?

Sometimes we need to make changes to our interest rates to balance the needs of all our customers. These changes are made for several reasons including as a response to market movements and competitive conditions.

Why don’t your deposit rates always go up when your lending interest rates do?

We’re always monitoring our deposit interest rates. We do regularly make increases outside the RBA’s cash rate movement to make sure we stay competitive.