interest-rates-05-04-2024

Rates announcement – 17th October

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

interest-rates-05-04-2024

Rates announcement – 22nd September

We have exciting news to share regarding an increase to our 6 Month Term Deposits These changes will be effective on the 22nd September 2023.

New Business:

  • Increase to 6-month Term Deposits by 0.25%
  • I10 was 3.70% now 3.95%
  • I23 was 3.75% now 4.00%

Information about the new rates is available here.

interest-rates-05-04-2024

Rates announcement – 25th August

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

interest-rates-05-04-2024

Rates announcement – 9th August

 

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.

interest-rates-05-04-2024

Rates announcement – 28th July

After careful consideration we will be increasing the interest rates to our fixed rate Owner Occupier and Interest Only Home Loans.  These changes will be effective on the 28th July 2023.

New Business:

-Owner Occupier P&I and IO increasing all 2 year fixed rates by 0.10%

-Owner Occupier P&I and IO increasing all 3 year fixed rates by 0.20%

-Investor P&I and IO increasing 2 year fixed rates by 0.10%

-Investor P&I and IO increasing 3 year fixed rates by 0.20%

Information about the new rates is available here.

interest-rates-05-04-2024

Rates announcement – 10th July

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.

interest-rates-05-04-2024

Rates announcement – 28th June

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.

interest-rates-05-04-2024

Rates announcement – 1st June

We would like to let you know that we have exciting news regarding some savings account rate increases to our Retirement Plus and Bonus Saver accounts. These savings account changes will be effective from the 1st June 2023.

Retirement Plus:

  • On the 1st June 2023 we will be increasing the rate by 0.30%. The total available rate for Retirement Plus holders will be 2.00%

Bonus Saver:

  • On the 1st June 2023 we will be increasing the rate by 0.25%. The bonus rate will remain as 0.05% making the total available rate for Bonus Saver holders will be 3.80%

 

Information about the new rates is available here.

 

 

 

interest-rates-05-04-2024

Rates announcement – 16th May

Following the Reserve Bank of Australia’s (RBA) May decision to raise the official cash rate by 0.25% p.a we have increased our variable home loan rates (excluding First Home Loans) by 0.25% p.a. effective on the 16th May 2023 for new business only.

For existing borrowers, effective 1 June 2023, we will be increasing all Variable home loans (Owner Occupied P&I and IO) and Personal Loans by 0.25% p.a. for existing home loan and personal loan borrowers, affecting repayments from 1 July 2023.