Following the RBA’s cash rate cut in March, here’s a summary of the lending cuts as of 4:00pm AEST 4 March, 2020.
CBA rate changes (effective 24 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
BankWest rate changes (effective 18 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
NAB rate changes (effective 13 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
ANZ rate changes (effective 13 March):
– Rate cut to all Owner Occupied loans (P&I and I/O), and Investor P&I loans: 25 basis points
– Rates cut to Investor I/O loans: 35 basis points
WPAC rate changes (effective 17 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
St George rate changes (effective 17 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
Macquarie rate changes (effective 19 March):
– Rate cut: 25 basis points
– Applies to: All variable rate loans (new, existing, owner-occupied & investor)
Suncorp rate changes (effective 20 March):
– Rates on variable home loan rates will drop by 0.25.
ING rate changes (effective 20 March):
– Rates on variable home loan rates will drop by 0.25.
ME rate changes (effective 26 March):
– Rates on existing variable home loan rates will drop by 0.25.
AMP rate changes – pending*
*We’ll update this post as more information comes to hand.
