Following the RBA’s increase to the official cash rate, today we have announced changes to interest rates on selected loan and deposit products.
The adjustments include an increase to our new and existing variable home loan interest rates by 0.25% p.a.*, effective from May 19, 2026.
We have also increased rates on selected term deposits with our 3-month Term Deposit rate lifting by 0.60%. The changes are effective from May 19, 2026.
These changes are intended to balance the needs of both deposit and borrowing members. We recognise that cost-of-living pressures are rising and may be a concern for some members. We encourage any IMB borrowers who require support or wish to discuss their loan to contact our team on 133 462 or visit imb.com.au.
Existing variable rate home loan borrowers with principal and interest repayments will be notified of their new repayment amount in their June statement, with the new repayment amount payable from September 2026.
We want to empower you with the knowledge to stay vigilant, protect your finances and act quickly if you suspect you’ve been targeted.
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