Official cash rate announcement for July, 2025.

The Reserve Bank of Australia (RBA) has announced that the official cash rate will remain at 3.85%.

To learn more about the RBA’s decision, read the latest Monetary Policy Decision statement by RBA Governor Michelle Bullock.

Next steps explained

Estimate your repayments

Use our home loan calculator to compare loan amounts and estimate your repayments.

Manage your mortgage

Learn more about what you can do to adjust your mortgage repayments.

Explore your lending options

If you're looking to buy property or switch your current home loan to NAB - our home loan experts can help.

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Updating your minimum repayment

If you're eligible, you can reduce your minimum repayment using the NAB app.

  1. Log into the NAB app and select your home loan account.
  2. Tap the Manage button.
  3. Scroll down and tap Update your minimum repayment.
  4. Tap Let’s start, follow the prompts and if you’re happy, tap Agree and submit the change.
  5. We’ll let you know when we’ve reduced your repayments.
  6. Ensure your repayment method is up to date.

Explore other products and resources

Help and support

If you need help improving your financial wellbeing or if you’re experiencing financial difficulties, we’re here to help.

Short term help

If you’ve had some unexpected expenses recently and you’ve missed a payment, or if you think you might miss a payment soon, please get in touch with us so we can help.

Call Customer Assist

If you’re a personal bank customer, speak to us for support that’s specific to you.

Monday to Friday, 8:00am to 8:00pm (AEST/AEDT)
Saturday, 9:00am to 1:00pm (AEST/AEDT)

Within Australia: 1300 661 114

Call Business Assist

For small business and commercial customers within Australia, speak to us about getting support.

Monday to Friday, 8:00am to 6:00pm (AEST/AEDT)

Within Australia: 1300 881 661

Long term assistance

If your circumstances have changed and it’s impacting your ability to keep up with your payments on an ongoing basis, please contact our Customer Care team as soon as you can for assistance.

Call Customer Care

If you’re a personal bank customer, we can help find a solution that’s right for your circumstances.

Monday to Friday, 8:00am to 8:00pm (AEST/AEDT)
Saturday, 9:00am to 1:00pm (AEST/AEDT)

Within Australia: 1800 701 599

Call Business Customer Care

For small business and commercial customers within Australia, we can help tailor a solution to your needs.

Monday to Friday, 8:00am to 5:00pm (AEST/AEDT)

Within Australia: 1300 961 577

Terms and Conditions

Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.

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