Interest Rates Updates

The Reserve Bank of Australia (RBA) has officially cut the cash rate by 25 basis points in August 2025, reducing it from 3.85% to 3.60% p.a.

Eden Emerald Mortgages will provide rolling updates for each lender's announcements regarding if and when they will pass on the rate cut on their variable-rate home loans.

Adelaide Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 27 August
  • Other info:

AMP interest rate cut 

  • Rate cut: 25 basis points 
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 25 August
  • Other info:

ANZ interest rate cut 

  • Rate cut: 25 basis points 
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 22 August
  • Other info: 

Athena interest rate cut

  • Rate cut: 25 bps
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 12 August
  • Other info: 

Arab Bank Australia interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate owner occupier home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info:

Australian Military Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 26 August
  • Other info: 

Australian Mutual Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 1 September
  • Other info: 

Australian Unity Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans 
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

Auswide Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 28 August
  • Other info: 

Bank Australia interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

Bank First interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

Bank of Melbourne interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Bank of Queensland (BoQ) interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 29 August
  • Other info:

Bank of Us interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans for existing borrowers
  • Announcement date: 13 August
  • Effective date: 26 August
  • Other info: 

Bank of Sydney interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 26 August
  • Other info:

BankSA interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

BankVic interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Bankwest interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 22 August
  • Other info: 

BCU Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 2 September
  • Other info:

Bendigo Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 27 August
  • Other info:

Beyond Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 26 August
  • Other info:

Commonwealth Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 22 August
  • Other info: 

Credit Union SA interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 19 August
  • Effective date: 26 August
  • Other info: 

Community First Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 14 August
  • Effective date: 21 August
  • Other info: 

Defence Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 19 August
  • Other info: 

Firstmac interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Gateway Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 19 August
  • Other info: 

G&C Mutual Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Existing variable rate home loans
  • Announcement date: 15 August
  • Effective date: 1 September
  • Other info: 

Geelong Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-home loan rates
  • Announcement date: 13 August
  • Effective date: 29 August
  • Other info:

Goulburn Murray Credit Union interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable home loan rates
  • Announcement date: 13 August
  • Effective date: 21 August
  • Other info:

Greater Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Great Southern Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: 'Most' variable-rate home loans for owner-occupiers and investors
  • Announcement date: 14 August
  • Effective date: 26 August
  • Other info: 

Heritage Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans for existing customers
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Homeloans.com.au interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 28 August
  • Other info:

Homestar Finance interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans for existing customers
  • Announcement date: 12 August
  • Effective date: 1 September
  • Other info: 

Horizon Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 15 August
  • Effective date: 15 August
  • Other info:

HSBC interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Hume Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 14 August
  • Other info:

IMB Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 26 August
  • Other info: 

ING Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Loans.com.au interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Macquarie Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 12 August
  • Effective date: 15 August
  • Other info: 

ME Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 30 August
  • Other info:

MOVE Bank interest rate cut 

  • Rate cut: 20 basis points for new business, 25 bps for existing customers
  • Applies to: Variable-rate home loans
  • Announcement date: 14 August/28 August
  • Effective date: 1 September
  • Other info: 

MyState Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 28 August
  • Other info: 

NAB interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 12 August
  • Effective date: 25 August 
  • Other info: 

Newcastle Permanent interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Northern Inland Credit Union interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 16 August
  • Effective date: 1 September
  • Other info: 

P&N Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 2 September
  • Other info:

People's Choice interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Pepper Money interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 12 August
  • Effective date: 28 August
  • Other info: 

Police Credit Union interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 21 August
  • Effective date: 1 September
  • Other info: 

QBank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 1 September
  • Other info: 

Qudos Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

RACQ Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

RAMS interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: RAMS is no longer accepting new home loan applications

Reduce interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 14 August
  • Effective date: 21 August
  • Other info: 

Regional Australia Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to:  Existing variable rate home loans
  • Announcement date: 15 August
  • Effective date: 22 August
  • Other info:

Resimac Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 28 August
  • Other info:

State Custodians interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 28 August
  • Other info: 

St George interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Summerland Bank interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 14 August
  • Effective date: 21 August
  • Other info: 

Suncorp Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 22 August
  • Other info: 

Teachers Mutual Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

The Mutual Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans for existing customers
  • Announcement date: 13 August
  • Effective date: None
  • Other info: 

Tiimely Home interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 27 August
  • Other info: 

Ubank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

Unloan interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 12 August
  • Other info: 

UniBank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 21 August
  • Other info: 

Unity Bank interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 15 August
  • Effective date: 1 September
  • Other info: 

Up interest rate cut

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:14 August
  • Effective date: 1 September
  • Other info: 

Virgin Money interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 August
  • Effective date: 29 August
  • Other info:

Well Money interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date:
  • Effective date: 27 August for some legacy products and 29 August for the remainder
  • Other info: 

Westpac interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 August
  • Effective date: 26 August
  • Other info: 

Yard interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Not specified
  • Announcement date: 18 August
  • Effective date: 29 August
  • Other info: 

Yellow Brick Road interest rate cut 

  • Rate cut: 25 basis points
  • Applies to: Not specified
  • Announcement date: 12 August
  • Effective date: 14 August
  • Other info: 
 Previous
Next

You may also like