If we make any changes to your variable home loan reference rate, we’ll update this page with the latest information within a reasonable timeframe.
The last change to home loan reference rates was made in November 2023.
When did my variable interest rate last change?
What happens when my variable interest rate changes?
Your new rate will be displayed via Macquarie Online Banking and the Macquarie Mobile Banking app on or after the effective date of the change.
Your repayments will also be recalculated. We will email or send you a letter with your new repayment amount before it becomes due.
For repayments that are direct debited, you’re not required to do anything. We’ll automatically adjust your direct debit amount to cover your new repayment amount. If your repayments are made by salary credit or funds transfer, you’ll need to update your payment amount.
What happens to additional repayments when my rate changes?
For home loans with a BSB starting 182, if you’re making additional repayments by direct debit, we’ll continue to collect this amount in addition to your minimum contractual repayment amount.
For home loans with a BSB starting 183, if you’re making more than the minimum required repayment, and the extra amount you are paying covers any change in the interest rate, your direct debit repayments will not change.
Understanding your home loan interest rates and fees
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Breaking your fixed rate home loan -
Reducing your home loan interest -
Understanding home loan fees
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