Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.50% to 2.35% on September 6th, we have been reviewing the balance between passing on the interest rate rise to our borrowers and deposit holders. Effective September 28 we will be increasing our interest rates for our Home Loan products for new business only.
These changes will impact Gold Rate, Customs Value, Police Value and First Home Loans and ACT Land Rent products.
We are here to help, and we encourage any member who may need help to get in touch with our team on 132 267 so we can tailor a financial solution for them.