Your local branch hours may have changed as we navigate COVID-19. Things can change quickly, save yourself the trip and check your local branch info.
This site uses cookies to shape your online experience. Read more
BSB 650 000
Tuesday, 2 July 2019
Newcastle Permanent’s CEO Bernadette Inglis, announced today that, "Following the RBA’s decision to cut the official Cash Rate to an historically low 1.00%, we have placed our deposits and lending interest rates under review."
The Reserve Bank reduced the official cash rate by 0.25% to 1.00%. "Following the review of our interest rates, we will advise any customers who have products affected by any changes," Ms Inglis added. "We understand that customers will be keen to know the outcome of our review, and expect to make an announcement shortly. "Customers can be certain that we will continue to offer great value and award winning products and services, while balancing the needs of all of our customers when making a decision on interest rate movements. "Newcastle Permanent is a customer owned banking institution. We don’t pay dividends to shareholders, we retain all our profit within the business to maintain our outstanding financial strength and deliver value to our customers in the form of exceptional service, multi-award winning products and highly competitive interest rates," Ms Inglis said.
Your local branch hours may have changed as we navigate COVID-19. Things can change quickly, save yourself the trip and check your local branch info or bank from the safety and comfort of your home via the app, internet banking or call our local call centre team.