Interest rate update

Bank of us has a standard process to respond to changes in the official cash rate – up or down – which includes a meeting of our pricing committee. This will happen on Monday.  

The committee will consider several factors including balancing the interests of both our borrowers and depositors, and the Bank’s financial sustainability. 

We will make a public announcement about changes to our rates after Monday’s meeting which will be available on our website and provided to the media.

We will also inform our customers of changes to their loans by mail.

Please call us on 1300 306 716 during business hours if you have further questions.