BOQ responds to May RBA decision

20 May 2025

BOQ announces rate cuts 

BOQ has today announced interest rate changes for variable home loan customers, following the Reserve Bank of Australia’s (RBA) decision to lower the cash rate by 0.25%.   

From 6 June, BOQ will reduce variable home loan interest rates by 0.25% per annum (p.a.) for new and existing customers.

Support available for customers 

BOQ has a range of online resources available including home loan calculators.   

Customers that are concerned about their financial position or experiencing financial difficulty are encouraged to contact BOQ’s dedicated Customer Assistance team as soon as possible on 1800 079 866 between 8:30am – 5:00pm AEST, Monday to Friday. 

Customers are encouraged to visit any BOQ branch or call 1300 55 72 72 if they require further assistance or clarification regarding today's announcement.    

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