Banking / News

All the big five banks have said they will pass on the RBA's rate hike in full to borrowers with variable home loans. But here are differences from when that will apply

David Chaston profile picture

4th Feb 26, 8:13ambyDavid Chaston

When the new higher variable mortgage rates will change

Banks have been quick off the mark announcing when they will pass on the RBA's cash rate increase.

All the majors have said they will pass it on, in full. That is a +25 bps hike to all variable mortgage rates.

But they have different dates their new rates will be effective. Click on the dates in this table to read the bank's notice of change.

  effective
     from
ANZ 13-Feb-26
Commbank 13-Feb-26
Macquarie 20-Feb-26
NAB 13-Feb-26
Westpac 17-Feb-26

Because readers of our clever mortgage rate table would want to know what the new rates are going to be, we have made changes to the variable home loan rates now, as soon as we have confirmation when and what will be changed.

At this time, all other banks have only said rate changes are "under review".

 

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