Brief: Westpac Will Increase Home Loan Variable Interest Rates By 0.25% P.A. For New And Existing Customers, Effective May 15

Westpac Banking

05/05/2026 11:48

May 5 (Reuters) - Westpac Banking Corp WBC.AX:

WILL INCREASE HOME LOAN VARIABLE INTEREST RATES BY 0.25% P.A. FOR NEW AND EXISTING CUSTOMERS, EFFECTIVE 15 MAY.

FOR DEPOSIT CUSTOMERS, WESTPAC LIFE TOTAL VARIABLE RATE WITH BONUS INTEREST WILL INCREASE BY 0.25% P.A. TO 5.00% P.A., EFFECTIVE 15 MAY

Further company coverage: WBC.AX

 ((Reuters.Briefs@thomsonreuters.com;))