Reserve Bank of Australia announces increase in cash rate

The Reserve Bank of Australia has announced an increase in the cash rate. For Keystart customers, our interest rate policy is to use the average of the standard variable interest rate of the four major banks. We’ll be watching to see any change in these lenders and will announce any change on our interest rate on our website and on this page. You can read more by accessing our Financial Wellbeing Guide to Interest Rates we created to help our customers via our website. 

How interest rates work and what triggers a rate change