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Reserve Bank of Australia announcement 3 May 2022 – Quick update for our customers

You may have heard that the Reserve Bank of Australia (RBA) has today increased the official cash rate. We are currently reviewing both our deposit and lending interest rates and will publish any changes on our website soon.

For our customers with Variable Rate Home Loans you will receive a letter shortly detailing your new interest rate and minimum monthly repayment. This letter will be distributed at least 21 days before any changes become effective.

Please keep an eye on our website for any updates.

We’ve put together some answers to frequently asked questions for customers click here.