We've rounded up details of every announced interest rate change.
See which lenders have passed on the full rate cut
Today’s RBA cut, brought on by the weakest inflation reading in 17 years, has bought Australia's official cash rate to a new low of 1.50%. Which banks have reflected that change in their variable home loan rate? We've rounded up the details of every announcement in the table below.
We'll be updating this list as additional banks get on board, so keep checking back.
Some banks are likely to only pass on part of the rate cut, especially as most had already trimmed rates in May. Commonwealth Bank confirmed this expectation, announcing it would pass on 13 basis points of the 0.25% cut. The bank was the first of the majors to announce. NAB became the second major to move, passing on a 0.10% cut. ANZ followed with a 12 basis point cut followed by Westpac with 14 basis points. Bank Australia was the first lender to announce that it would pass on the full 25 basis point cut.
We've listed all the banks and financial institutions with announced changes below. You can click on any column to sort. Click at the top of the "Effective date" column to see all the changes announced so far grouped together.
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Lender
Rate cut
Effective date
Days after announcement
Australian Military Bank
TBA
TBA
-
Adelaide Bank
TBA
TBA
-
AMP
TBA
TBA
-
ANZ
0.12%
12 August
10 days
Aussie Home Loans
TBA
TBA
-
AusWide Bank
TBA
TBA
-
B & E Personal Banking
TBA
TBA
-
Bank Australia
0.25%
5 August
3 days
Bank of Melbourne
TBA
TBA
-
Bank of Queensland
TBA
TBA
-
Bank of Sydney
TBA
TBA
-
bankSA
TBA
TBA
-
BankVic
TBA
TBA
-
Bankwest
TBA
TBA
-
Beyond Bank
TBA
TBA
-
Bendigo Bank
TBA
TBA
-
Big Sky
TBA
TBA
-
Catalyst Money
TBA
TBA
-
Citibank
TBA
TBA
-
Commonwealth Bank
0.13%
19 August
17 days
Community First Credit Union
TBA
TBA
-
Community Mutual Group
TBA
TBA
-
Credit Union SA
TBA
TBA
-
CUA
TBA
TBA
-
Easy Street
TBA
TBA
-
Family First Credit Union
TBA
TBA
-
First Option CU
TBA
TBA
-
Firstmac
TBA
TBA
-
G&C Mutual
TBA
TBA
-
Gateway Credit Union
TBA
TBA
-
Greater Bank
TBA
TBA
-
Heritage Bank
TBA
TBA
-
Homeloans.com.au
TBA
TBA
-
Homestar Finance
TBA
TBA
-
Horizon Credit Union
TBA
TBA
-
HSBC
TBA
TBA
-
Hume Bank
TBA
TBA
-
Hunter United Credit Union
TBA
TBA
-
Illawarra Credit Union Home Loans
TBA
TBA
-
IMB
TBA
TBA
-
iMortgage
TBA
TBA
-
ING DIRECT
TBA
TBA
-
Liberty Financial
TBA
TBA
-
Loans.com.au
TBA
TBA
-
Macquarie Bank
TBA
TBA
-
Maitland Mutual Building Society
TBA
TBA
-
ME Bank
TBA
TBA
-
Mortgage House
TBA
TBA
-
MyRate
TBA
TBA
-
MyState Financial
TBA
TBA
-
NAB
0.10%
19 August
17 days
Newcastle Permanent Building Society
TBA
TBA
-
Northern Beaches CU
TBA
TBA
-
Northern Inland Credit Union
TBA
TBA
-
P&N Bank
TBA
TBA
-
People's Choice Credit Union
TBA
TBA
-
Pepper
TBA
TBA
-
QLD Police Credit Union
TBA
TBA
-
Qudos Bank (formerly Qantas Credit Union)
TBA
TBA
-
Queensland Country Credit Union
TBA
TBA
-
Queenslanders Credit Union
TBA
TBA
-
RAMS
TBA
TBA
-
Real Home Loans
TBA
TBA
-
SCU
TBA
TBA
-
St.George Bank
TBA
TBA
-
State Custodians
TBA
TBA
-
Suncorp
TBA
TBA
-
Teacher's Mutual Bank
TBA
TBA
-
The Mutual
TBA
TBA
-
UBank
TBA
TBA
-
Western City Credit Union
TBA
TBA
-
Westpac
0.14%
23 August
21 days
WSCU
TBA
TBA
-
Yellow Brick Road
TBA
TBA
-
Your Credit Union
TBA
TBA
-
Compare home loan rates from 3.63%
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