We’ve decided to cut our existing variable owner occupier home loan and Wealth Builder investor loan rates by 0.20%, after we cut by the full 0.25% from the June RBA rate cut. The change will be effective from 30 July 2019, helping to reduce the pressure of household expenses.
Will my repayments automatically drop? Yes. If you are making the minimum required monthly repayments, you will see an automatic decrease in your direct debit repayment. However if you have a set amount above the minimum your repayment will not change. If you would like to update your repayment please contact us.