Australia’s largest business bank, NAB, will reduce interest rates on eligible business lending products by 0.25% p.a. following the Reserve Bank of Australia’s decision to lower the cash rate by 0.25%.
13.08.2025
Published on 18.02.2025
Now that interest rates have dropped, homeowners have more choices than they might think. NAB is encouraging customers to consider their options and make informed decisions about their home loans.
NAB Retail Executive Larna Manson said there are options available for customers.
Feature image above: NAB Retail Executive Larna Manson outlines options available for customers to manage their home loan.
“Everyone’s situation is different. This could be an opportunity for owner occupiers to get ahead on their mortgage, residential investors to advance their loan repayments, or simply use the extra cash. It’s also a good time to reassess overall lending needs.
“What matters is making an active choice about how to use this rate reduction to your advantage.
“A rate cut doesn’t have to mean simply reducing your monthly payments.”
Customers have several options to consider:
- Reduce monthly repayments to free up cash flow
- Keep repayments the same and pay off the loan faster
- Review their current loan structure to ensure it still meets their needs
- Consider the frequency of repayments
- Minimise interest repayments with multiple offset accounts
NAB will reduce the standard variable home loan interest rate by 0.25%, effective 28 February, following the Reserve Bank of Australia’s decision to reduce the cash rate by 0.25%. Read more in the NAB News article or visit nab.com.au, opens in new window.
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NAB today announced it will reduce its standard variable home loan interest rate by 0.25% p.a., effective from Monday 25 August 2025.
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