Has Your Lender Dropped Rates? Lender Changes August 2025

This time last week, we saw the RBA cut the cash rate by .25 percentage points to 3.6%, continuing what we hope is a year defined by cash rate drops come December. A week on and most, but not all lenders have taken action and carried the interest rate cut over to their clients. If you’re on a variable rate, you should be seeing interest rate drops from the following lenders. Please note this only includes lenders listed on the MoneyQuest panel.

Lenders With a 0.25% Cut

The lenders listed below are those that have decided to carry over the RBA’s 0.25% cut, meaning that if you have a variable rate home loan with one of these lenders, you’ll be paying less in interest.

• • Apollo – Effective 12th of August.
  • Hume – Effective 14th of August for new borrowers, 1st of September for existing.
  • Macquarie – Effective 15th of August.
  • RedZed – Effective 15th of August.
  • Orde – Effective 15th of August for new borrowers, 29th of August for existing.
  • Bank Australia – Effective 21st of August.
  • Bank First – Effective 21st of August.
  • Teachers Mutual Bank – Effective 21st of August.
  • Ubank – Effective 21st of August.
  • AMP Bank – Effective 22nd of August for new borrowers, 25th of August for existing.
  • ANZ Bank – Effective 22nd of August.
  • Commonwealth Bank Australia – Effective 22nd of August.
  • SunCorp – Effective 22nd of August.
  • NAB – Effective 25th of August.
  • Australian Military Bank – Effective 26th of August.
  • Bank of Melbourne (Vic only) – Effective 26th of August.
  • Bank of SA (SA Only) – Effective 26th of August.
  • Beyond Bank – Effective 26th of August.
  • First Mac – Effective 26th of August.
  • Great Southern Bank – Effective 26th of August.
  • Heritage – Effective 26th of August.
  • ING Direct – Effective 26th of August.
  • People’s First Bank – Effective 26th of August.
  • St George (Not including Vic or SA) – Effective 26th of August.
  • Westpac – Effective 26th of August.
  • Liberty Financial – Effective 27th of August.
  • Bendigo Bank – Effective 27th of August.
  • Auswide – Effective 28th of August.
  • MyState – Effective 28th of August.
  • Pepper Money – Effective 28th of August.
  • Resimac – Effective 28th of August.
  • ME – Effective 30th of August.
  • P&N Bank (WA Only) – Effective 12th of September.

Lenders With Unique Cuts

Some lenders have made changes to variable rate loans outside the standard 0.25% cut

• Bluestone Home Loans will apply the 0.25% cut automatically for new clients, however if you’re an existing client, there’s unfortunately no guarantees. Speak with us today so we can check with Bluestone, and help negotiate a more competitive rate. Effective 13th of August.
• Mortgage Ezy will carry the cut over to its clients, but some products will see cuts of up to 0.45%. reach out to see if this applies to you and your loan. Effective 15th of August.

Did Your Lender Not Cut Interest Rates?

If your lender’s name isn’t on this list, then reach out to us, we can help discuss a more competitive rate with your lender, and if they’re not willing to provide a competitive rate, we can help find you a lender who will. Your local MoneyQuest broker is here to help you get the most out of your home loan, reach out today!

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