Media Release

BOQ announces rate changes
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6 May 2026

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

From 8 May 2026, BOQ Classic variable home loan and business loan interest rates will increase by 0.25% per annum (p.a.) for new and existing customers (excluding Commercial Rate Loan products).

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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