BOQ has today announced interest rate changes for variable home loan customers, following the Reserve Bank of Australia’s (RBA) decision to increase the cash rate by 0.25%.
From Friday, 6 February 2026, BOQ will increase variable home loan and business loan interest rates by 0.25% per annum (p.a.) for new and existing customers (excluding commercial rate and market rate loans). Find out more here.
Across BOQ Group, we're transforming the bank to strengthen, simplify, digitise and optimise our business to deliver improved outcomes for our customers. In response to changes in the market and economic environment, we're making some changes to the business to make sure we're well positioned to deliver against our transformation program.
From 31 August 2024, we have paused the acqusition of new Bank of Queensland home loan customers via the Broker channel. All existing customers will continue to be supported, including with new lending.