NAB announces change to home loan interest rates

17 March 2026
Interest Rates

Following the Reserve Bank of Australia’s decision today to increase the official cash rate by 0.25%, NAB will increase its home loan variable interest rates by 0.25% p.a.

The changes will come into effect from Friday, 27 March 2026.

NAB Group Executive, Personal Banking, Ana Marinkovic, said the bank recognised the ongoing pressure higher interest rates placed on households.

“We know another rate increase will be challenging for many Australians, particularly in the context of ongoing cost-of-living pressures,” Ms Marinkovic said. 

“Many customers have built buffers over time by paying more than the minimum when they can, which can provide some breathing room as rates rise. But we know that won’t be the case for everyone.”

Ms Marinkovic encouraged customers who may be feeling under pressure to reach out early.

“If you’re concerned about your finances, the most important step is to contact us as soon as possible. There are options available, and our bankers are here to help customers understand what support might be right for them.”

NAB offers dedicated support and practical tools to help customers manage changes to their repayments. Customers experiencing financial difficulty can contact NAB Assist on 1800 701 599 to discuss tailored support options. 

More information is available via NAB’s budgeting and repayment tools:

• Budget planner

• Home loan calculators

Visit the website to view NAB’s current home loan rates. NAB also regularly reviews its savings and deposit rates.