Australian Unity Bank cuts variable home loan rates
Matthew Ricker, Chief Executive Officer at Australian Unity Bank, said the latest decision reflects the bank’s ongoing commitment to supporting home loan customers through changing economic conditions.
“This is our second rate cut in recent months, and we know it will be welcome news for many. It offers further relief after what has been an extended period of higher costs and financial pressure,” Mr Ricker said.
“We understand that any relief in interest rates can make a significant difference to our customers’ financial wellbeing. This reduction aims to ease that pressure and support them during these challenging times.”
Interest rates for new home loan customers will be reducing by 0.20% per annum on 4 June 2025.
New and existing customers seeking more information or assistance with their loan can contact the Australian Unity Bank team on 1300 790 740.
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About Australian Unity
Established in 1840, Australian Unity is a member-owned wellbeing company with more than 370,000 members and more than 700,000 customers.
Our range of health, wealth and care products and services provides member, customer and community value that is supportive of personal and community wellbeing.
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All banking products are issued by Australian Unity Bank Limited ABN 30 087 652 079
AFSL/Australian Credit Licence No. 237994. Australian Unity Bank Limited is wholly owned subsidiary of Australian Unity Limited.
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Information is correct as at 22 May 2025 and is subject to change.
Australian Unity, 271 Spring St, Melbourne, Victoria 3000