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AWA passes on the full 0.75%

We’re sure you are aware that the Reserve Bank of Australia has implemented three reductions in the Official Interest Rate since June 2019 totalling 0.75%.  Whilst the major banks and many others have only passed on a proportion of these reductions, at AWA we always aim to do the best that we can manage for our members.

Effective 1 November 2019 our new Owner Occupied Principal & Interest Mortgage Loan rate will be 3.24% pa, representing a 0.29% reduction in your current rate. This means you have received the full reduction of 0.75% since 1 July 2019.

We take this opportunity to thank you for your business and encourage you to refer family and friends to ensure they can receive the same benefits.

Did their bank pass on the full 0.75%? 

Click here to view the full table of interest rates.

AWA Alliance Bank