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Interest Rate Change – May 2026

On Tuesday 5 May 2026, the Reserve Bank of Australia (RBA) announced an increase of 0.25%p.a. to the official cash rate. Following this, we have reviewed the interest rates applicable to our variable and fixed rate home loans and advise that the rates will increase by up to 0.25%p.a. for new loans effective from 14 May 2026, with increases of up to 0.25%p.a. for existing variable rate mortgage holders effective from 23 June 2026. Members with a loan account will be advised individually of any change to their interest rate and minimum repayments.

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Footnotes:

  • 1 These rates apply to retail deposits only available for individual investors (including joint accounts by individuals) and SMSF accounts only. For all other investors, a competitive rate will be offered on application.