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INDIGENOUS BUSINESS AUSTRALIA
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Interest rate changes

Interest rate changes

Posted 04 November 2022

The interest rates for IBA home loans are changing. Rates will increase in response to changes made by the Reserve Bank of Australia (RBA) and based on market conditions.

All impacted customers will be notified, in writing, about the change to their interest rate and loan repayment amount. Interest rate changes will come into effect on 19 November 2022.

We have a range of resources available on our website including workshops to help you manage your loan and build your financial management skills. We also have a video that explains how IBA’s interest rates work.

We’re always here to help. So if you have any concerns about managing your home loan repayments or are experiencing financial difficulty, please contact us to discuss your circumstances.

General inquiries: 1800 107 107 or Financial Hardship: 1800 064 800. Or send us email via this form to arrange for someone to contact you.