Interest rate increase – Thursday 19 February 2026: interest rates for variable home loans and deposit rates across the majority of savings products have increased by 0.25%, effective 19 February 2026.
Damien Walsh (Bank Australia) will become Chief Executive Officer and Managing Director, while Brendan Wright (Qudos Bank) will have the opportunity to continue with the merged entity in an executive capacity. The executive team will comprise a balance of Qudos Bank and Bank Australia executives across both the Sydney and Melbourne head offices.