On Tuesday 3 February 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 0.50%p.a. for new loans effective from 6 February 2026, with increases of up to 0.36%p.a. for existing variable rate mortgage holders effective from 18 March 2026.
Our variable savings rates including Bonus Saver Account will increase by up to 1.75%p.a. effective from 1 March 2026.
Members with a loan account will be advised individually of any change to their interest rate and minimum repayments.
Whilst changes to the RBA cash rate is one of the factors that informs our pricing decisions, there are other factors that we consider such as economic and market conditions, cost to lend and the competitor landscape. This helps us to assess and to continue to offer competitive rates to our members.
If you would like further information on any of our products or services, please review the information on our website or contact us to see how we can help.
