Listed below are the Interest Rate Cuts announced by the Banks following the Reserve Bank’s recent decision to reduce the Official Cash Rate by 0.25 bp to 2.50%
(Updated Daily)
Bank |
Rate Cut |
Effective Date |
Adelaide Bank |
0.25% p.a. |
26/8/2013 |
AMP |
0.25% p.a. |
22/8/2013 |
ANZ |
0.25% p.a. |
16/8/2013 |
Bank of Melbourne |
0.25% p.a. |
19/8/2013 |
Bank of Queensland |
0.25% p.a. |
27/8/2013 |
BankWest |
0.25% p.a. |
19/8/2013 |
Bendigo |
0.25% p.a. |
26/8/2013 |
Citibank |
0.25% p.a. |
19/8/2013 |
Commonwealth |
0.25% p.a. |
14/8/2013 |
Heritage |
0.25% p.a. |
16/8/2013 |
Homeside |
0.25% p.a. |
16/8/2013 |
ING |
0.25% p.a. |
23/8/2013 |
Macquarie |
0.25% p.a. |
23/8/2013 |
Me Bank (Members Equity) |
0.25% p.a. |
23/8/2013 |
RAMS |
0.25% p.a. |
12/8/2013 |
NAB |
0.25% p.a. |
12/8/2013 |
St George |
0.25% p.a. |
19/8/2013 |
Suncorp |
0.25% p.a. |
26/8/2013 |
The Rock Building Society |
0.25% p.a. |
14/8/2013 |
Westpac |
0.28% p.a. |
19/8/2013 |