Following the Reserve Bank of Australia’s (RBA) decision to cut the cash rate by 0.25%, BOQ will reduce variable home interest rates by 0.25% per annum (p.a.) from 29 August 2025. 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 will pause the acqusition of new Bank of Queensland home loan customers via the Broker channel. We will accept applications for new customers up to and including 30 August 2024. All existing customers will continue to be supported, including with new lending.
