08-Nov-2023 • Corporate

ME has today announced interest rate changes for variable home loan customers, following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25%.

For home loan customers
  • From 11 November, ME will lift variable home loan interest rates by 0.25% per annum (p.a.) for new and existing customers.
Support available for Customers  
For any customers worried about their financial situation, we encourage them to contact us as soon as possible.

We’re here to help and are ready to talk through options that are right for you.

We have been proactively contacting borrowers with fixed rate home loans finishing up in the next 12 months to ensure they are prepared for this change.

ME has a range of online resources available for customers including various calculators to help plan your budget.

Responding to savings customers
ME understands the ongoing challenges this environment has presented to household budgets.To help customers build up their savings, we have continued to reward them with competitive rates.

For further assistance or support customers should reach out to our ME team on 13 15 63.


Legal notes:  
Interest rates from 11 November are subject to change. Terms, conditions, fees and charges apply. This is general information only and you should consider if these products are appropriate for you.  
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