Category: Interest Rates

We’re dropping interest rates on some of our fixed rate home loans, effective Friday May 2, 2025!  

• All 3-Year Fixed Rate Ower Occupier & Investment, Principal & Interest Home Loans have now been reduced to 4.99% p.a.
• All 2-Year Fixed Rate Ower Occupier & Investment, Principal & Interest Home Loans have now been reduced to 5.15% p.a.

For more information on changes to our Home Loan interest rates, and relevant comparison rates, visit our Home Loan and Interest Rate pages. Terms and conditions, leading and eligibility criteria apply and are available here. Please note, current promotional offers (including cashback on all 2-year and 3-year fixed rate home loans) do not apply.

We’re making some changes to our interest rates, effective April 4, 2025.

We’re decreasing our 2 year Fixed Rate for Owner Occupier and Investment, Principal and Interest Home Loans by 0.50% p.a.  For more information visit Home Loan Interest Rates.

We are decreasing our interest rates on our owner-occupied, principal and interest, two-year and three-year fixed rate home loans effective March 8 2024.

Please visit our interest rate page to find out more. 

We are increasing some  interest rates on two of our savings products effective January 1, 2024.

Bonus Saver – Bonus rates on our Bonus Saver account are going up by 0.25%, increasing the interest rate to 4.50% p.a.  (subject to eligibility criteria)

Saving Plus –The interest rates will increase in the $100,000-$249,000 tier of our Savings Plus product to 4.50% p.a.

Please visit our interest rate page to find out more. 

Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate on all Variable rates by 0.25%, all Fixed Rates, Owner occupiers, Investment, P&I and IO by 0.30%, 0.40% and 0.80% before 24th of November.

What’s Changing:

• All Variable Rate Home Loans

For new borrowers: Effective 24th November 2023, we will increase the interest rates for new variable home loan borrowers by 0.25%.

For existing borrowers: Effective 1st of December we will be increasing the interest rate for existing home loan borrowers (both Owner Occupier, P&I and IO) by 0.25% affecting repayments from 1st January 2023.

1-year fixed rate increase by 0.30%

2-year fixed rate increase by 0.30%

3-year fixed rate increase by 0.40%

5-year fixed rate increase by 0.80%

Please visit our Home Loan page and interest rate page to find out more.

We have exciting news to share regarding some Interest Rate changes to our First Home Loan Fixed Rate IO and P&I products. These changes will be effective on the 17th October 2023.

Please visit our Home Loan page and interest rate page to find out more.

Home Loan

• Fixed Rate First Home Loans that are Owner Occupied and P&I
• Fixed Rate First Home Loans that are Owner Occupied and IO

After careful consideration we will be increasing 2, 5, 7, 9 Month Term Deposits.  These changes will be effective on the 25^th August 2023.

New Business:

• 2 months from 0.40% to 1.40% (increasing by 1.00%)
• 5 months from 1.90% to 3.00% (increasing by 1.10%)
• 7 months from 2.00% to 3.00% (increasing by 1.00%)
• 9 months from 2.05% to 3.75% (increasing by 1.70%)

Information about the new rates is available here.

Following the Reserve Bank of Australia’s (RBA) recent decision to not raise interest rates on August 1st, we will also not be raising interest rates for our borrowers as a result.

We have some fantastic news for our term deposit members, we are increasing our 12 Month Term Deposit rates effective 10 July 2023 by 0.25% p.a.

This rate increase will appeal to members who are looking for a higher interest rate and are comfortable locking their funds in an account for a fixed period of time.

Information about the new rates is available here.

We are here to help, and we encourage any member who may need help to get in touch with our team on 132 267 so we can tailor a financial solution for them.

We have news regarding some Interest Rate changes to our Home Loans, Personal Loans & Term Deposits. These changes will be effective on the 28th June 2023

Increasing all Variable Home Loan and Personal Loans by 0.25% affecting repayments from 1st August 2023

Home Loan

–Increasing all Variable rates excluding First Home Loan by 0.25%

-Owner Occupier and Investor Fixed rate increase- 1 year 0.40%, 3 year 0.20%, 5 year 0.20%.

-First Home Loan variable rate increase to 5.59% (under 90% LVR) and 5.69% (over 90% LVR)

Personal Loan

-Increase to Unsecured Personal Loan to 9.99%

-Increase to Fixed Personal Loan to 12.99%

Information about the new rates is available here.

We are here to help, and we encourage any member who may need help to get in touch with our team on 132 267 so we can tailor a financial solution for them.