Interest Rate Increase - Wednesday 6 May 2026: Following the RBA’s decision to change the official cash rate, interest rates for owner-occupier, investor and commercial variable loans will increase by 0.25%, effective 20 May 2026. From 20 May 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.
Our loan interest calculation method allows for up to ten decimal places in rounding the daily interest rate.
Example 1:
*Assuming the daily balance outstanding is $500,000 over a 31 day month
Example 2
*Assuming the daily balance outstanding is $500,000 over a 31 day month