13 February 2012
Continued increases in the Bank's cost of funds has resulted in the decision to increase home loan interest rates.
Bankwest aims to offer low rate options for all customers and balances the impact of increasing funding costs with our aim to offer a better deal for customers.
So despite this increase, our rates are still some of the most competitive in the market.
Bankwest's home loan standard variable rate will move to 7.30% per annum effective from 20/02/2012.