Following the RBA’s cash rate cut on 20 May 2025, the Big 4 banks have announced their interest rate reductions.
Here are the effective dates for each bank:
• NAB: 30 May 2025 (Friday)
• ANZ: 30 May 2025 (Friday)
• Commonwealth Bank (CBA): 30 May 2025 (Friday)
• Westpac: 3 June 2025 (Tuesday)