Interest rate increase – Thursday 5 February: Following the RBA’s decision to change the official cash rate, interest rates for owner‑occupier and investor variable loans will increase by 0.25%, effective 19 February 2026. From 19 February 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.
A comparison rate is the interest rate plus most fees and charges relating to a loan. The comparison rate helps you work out the true cost of a loan and allows you to compare loans from different lenders to find out how much it will cost you.