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Media Release

St.George cuts standard variable home loan rate

Wednesday, 6 May 2015

St.George Bank today announced it will cut its standard variable home loan rate from 5.74% p.a. to 5.54% p.a., effective from 18 May, 2015.

Andy Fell, General Manager, St.George Retail Banking commented: “With competitive interest rates and a range of home loans including fixed rates, variable rates and a combination of the two, St.George Bank has home loan options to suit different needs,” Mr Fell said.

St.George offers a variety of home loan options, including for first home buyers, property investors, those upgrading their home and those refinancing their home loan.

For more information, or assistance and advice in relation to existing or new loans, customers can visit their local St.George branch, read more here or call 13 33 30.

Comparison rate for old SVR: 5.90% p.a.
Comparison rate for new SVR: 5.71% p.a.


WARNING: The comparison rate is based on a loan of $150,000 over a 25 year term. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Media contact:
Fiona Macrae
St.George Bank
P: 02 9236 2973
M: 0412 693 182