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Following the Reserve Bank decision on 3 May 2006 to increase official interest rates, NAB today announced changes to its variable home loan products.
Effective from Monday 8 May 2006, NAB's standard variable interest rate will increase by 0.25 per cent to 7.57 per cent.
NAB's one-year introductory variable rate home loan will increase by 0.25 per cent to
6.24 per cent.
Interest rates on other products are currently under review.
For further media information, please contact:
Kerrina Lawrence
Retail Corporate Affairs Manager
National Australia Bank Limited
T (03) 8634 0693
M 0417 034 738
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