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Media Release

St.George announces changes to interest rates

20 June 2017

St.George Bank today announced an 8 basis points reduction in variable interest rates for new and existing customers paying principal and interest on their owner occupier home loans. This will take the standard variable rate for owner occupiers to 5.22% p.a.

St.George Bank has also adjusted interest only rates for variable home loans as follows:

  • Owner occupier interest only will increase by 31 basis points to 5.81% p.a.
  • Investor interest only will increase by 34 basis points to 6.32% p.a.
  • Portfolio loan will increase by 34 basis points to 6.44% p.a

Customers who wish to discuss these changes, and the options available to them, are encouraged to contact their local bank manager in branch, call 13 33 30, or visit

Changes are effective for all home loans on 30 June 2017.


Media contact:       

Dianne Edwards

St.George Bank                                                                  

M: 0421 623 014