Home News Home loan rate changes after RBA's 0.25% rise - November 2022

Home loan rate changes after RBA's 0.25% rise - December 2022

Australia's cash rate has been raised by another 25 basis points. See how this affects your home loan with Savings.com.au's comprehensive list of home loan rate rise announcements.

By Jacob Cocciolone

Updated on 20 Dec 2022 First published 06 Dec 2022

Fact Checked

Home loan rate changes after RBA's 0.25% rise - December 2022

The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points, taking it to 3.10%.

Savings.com.au will provide regular updates below of each lenders' announcements regarding passing on this December 2022 rate hike to variable rate home loans.

All rate changes below refer to lenders’ responses to the RBA’s rate hike on 6 December 2022.

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Key notes:

P&I = Principal and Interest, IO= Interest Only, OO=Owner-occupiers
Basis points explained: 1 basis point = 0.01%

Big-four home loan rate changes

ANZ

ANZ interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 06 December 2022

CommBank

CommBank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 06 December 2022

NAB

NAB interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 06 December 2022

Westpac

Westpac interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 6 December 2022

Other lenders' home loan rate changes

AMP interest rate rise

Athena interest rate rise

Australian Military Bank interest rate rise

Australian Unity interest rate rise

Auswide Bank interest rate rise

Bank Australia interest rate rise

Bank of Melbourne interest rate rise

Bank of Queensland (BOQ) interest rate rise

Bank of Sydney interest rate rise

Bankfirst interest rate rise

BankSA interest rate rise

BankVic interest rate rise

Bankwest interest rate rise

BCU interest rate rise

Bendigo Bank interest rate rise

Beyond Bank interest rate rise

Citi interest rate rise

Credit Union SA interest rate rise

Defence Bank interest rate rise

G&C Mutual Bank interest rate rise

Gateway Bank interest rate rise (pending)

Great Southern Bank interest rate rise

Greater Bank interest rate rise

Heritage Bank interest rate rise

Homeloans.com.au interest rate rise (pending)

Homestar Finance interest rate rise

Horizon Bank interest rate rise

HSBC interest rate rise

Hume Bank interest rate rise (pending)

IMB Bank interest rate rise

ING interest rate rise

Loans.com.au interest rate rise

Macquarie Bank interest rate rise

ME Bank interest rate rise

Mortgage House interest rate rise (pending)

MOVE Bank interest rate rise (pending)

MyState Bank interest rate rise

Nano interest rate rise

Newcastle Permanent interest rate rise

OneTwo Home Loans interest rate rise (pending)

P&N Bank interest rate rise

People's Choice interest rate rise

Police Credit Union interest rate rise (pending)

QBank interest rate rise (pending)

Qudos Bank interest rate rise

RACQ Bank interest rate rise

RAMS interest rate rise (pending)

Reduce Home Loans interest rate rise (pending)

Resimac interest rate rise (pending)

St George interest rate rise

State Custodians interest rate rise (pending)

Suncorp interest rate rise

Teachers Mutual Bank interest rate rise (pending)

The Mutual Bank interest rate rise (pending)

Tic:Toc interest rate rise (pending)

Ubank interest rate rise (pending)

UniBank interest rate rise (pending)

Unloan interest rate rise (pending)

Virgin Money interest rate rise

Well home loans interest rate rise (pending)

Wlth interest rate rise (pending)

Yard interest rate rise (pending)

AMP interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022 for new customers, 19 December 2022 for existing customers
Announcement date: 08 December 2022

Athena interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 08 December 2022
Announcement date: 08 December 2022

Australian Military Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 12 December 2022

Australian Unity interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 15 December 2022

Auswide interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 08 December 2022

Bank Australia interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 09 December 2022

Bank of Melbourne interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 07 December 2022

Bank of Queensland interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 09 December 2022
Announcement date: 07 December 2022

Bank of Sydney interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 14 December 2022
Announcement date: 12 December 2022

Bankfirst interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 16 December 2022

BankSA interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 07 December 2022

BankVic interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 12 December 2022

Bankwest interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 07 December 2022

BCU interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 12 December 2022

Beyond Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 15 December 2022

Bendigo Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 09 December 2022

Citi interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 16 December 2022

Credit Union SA interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 14 December 2022
Announcement date: 14 December 2022

Defence Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 21 December 2022
Announcement date: 19 December 2022

G&C Mutual Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 January 2023
Announcement date: 12 December 2022

Great Southern Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 16 December 2022

Greater Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 12 December 2022
Announcement date: 12 December 2022

Heritage Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 19 December 2022
Announcement date: 19 December 2022

Homestar Finance interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 12 December 2022
Announcement date: 12 December 2022

Horizon Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 09 December 2022
Announcement date: 09 December 2022

HSBC interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 28 December 2022
Announcement date: 19 December 2022

ING interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 13 December 2022
Announcement date: 08 December 2022

IMB Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 12 December 2022

loans.com.au interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 09 December 2022
Announcement date: 09 December 2022

Macquarie Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 07 December 2022

ME Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 10 December 2022
Announcement date: 07 December 2022

MyState Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 19 December 2022
Announcement date: 14 December 2022

Nano interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 16 December 2022

Newcastle Permanent interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 16 December 2022
Announcement date: 09 December 2022

P&N Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 12 December 2022

People's Choice interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 15 December 2022

Qudos Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 22 December 2022
Announcement date: 12 December 2022

RACQ Bank interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 24 January 2023
Announcement date: 09 December 2022

St George interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 20 December 2022
Announcement date: 07 December 2022

Suncorp interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 15 December 2022
Announcement date: 06 December 2022

Virgin Money interest rate rise

December 2022 rate rise: 25 basis points
Applies to: Variable rate home loans
Effective date: 09 December 2022
Announcement date: 07 December 2022

To see how these rate movements compare with previous RBA rate changes, refer to our past rate change pages:

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Jacob Cocciolone

Jacob Cocciolone joined the Savings team in 2021 as a Finance Journalist. Driven by a passion for keeping Australians up to date with the latest financial news and trends, his areas of interest include financial technology, investing, property and motoring.

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Home loan rate changes after RBA's 0.25% rise - December 2022

Keep updated.

Big-four home loan rate changes

ANZ

ANZ interest rate rise

CommBank

CommBank interest rate rise

NAB

NAB interest rate rise

Westpac

Westpac interest rate rise

Other lenders' home loan rate changes

AMP interest rate rise

Athena interest rate rise

Australian Military Bank interest rate rise

Australian Unity interest rate rise

Auswide interest rate rise

Bank Australia interest rate rise

Bank of Melbourne interest rate rise

Bank of Queensland interest rate rise

Bank of Sydney interest rate rise

Bankfirst interest rate rise

BankSA interest rate rise

BankVic interest rate rise

Bankwest interest rate rise

BCU interest rate rise

Beyond Bank interest rate rise

Bendigo Bank interest rate rise

Citi interest rate rise

Credit Union SA interest rate rise

Defence Bank interest rate rise

G&C Mutual Bank interest rate rise

Great Southern Bank interest rate rise

Greater Bank interest rate rise

Heritage Bank interest rate rise

Homestar Finance interest rate rise

Horizon Bank interest rate rise

HSBC interest rate rise

ING interest rate rise

IMB Bank interest rate rise

loans.com.au interest rate rise

Macquarie Bank interest rate rise

ME Bank interest rate rise

MyState Bank interest rate rise

Nano interest rate rise

Newcastle Permanent interest rate rise

P&N Bank interest rate rise

People's Choice interest rate rise

Qudos Bank interest rate rise

RACQ Bank interest rate rise

St George interest rate rise

Suncorp interest rate rise

Virgin Money interest rate rise

Ready, Set, Buy!

Jacob Cocciolone

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Comparison Rate Warning and Base Criteria

Monthly Repayment Figures

Related Brands

General Advice Disclosure