We're making changes to our rates on variable loans and new Term Deposit offers following the Reserve Bank of Australia’s (RBA) decision this week to increase the official cash rate by 25 basis points from 4.10% p.a. to 4.35% p.a.
As a result, will we be increasing rates on new Term Deposit offers by up to 0.30% p.a.*, providing great value to customers.
Chief Customer and Digital Innovation Officer, James Cudmore, said people were always the priority for the customer-owned institution.
“We encourage anyone who has concerns about their circumstances to contact our team so that we can discuss your specific needs and ensure you have the loan that is right for you,” Mr Cudmore said.
For any customers who may be experiencing concerns regarding their repayments and loan commitments, please contact our team to discuss your specific circumstances and options on 13 13 86.
*Rates are subject to change without prior notice. Refer to greater.com.au/help/interest-rates/ for all current interest rates.