RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%

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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

bankhistory, bankofnsw, beliefmedia, cbcbank, commercialbankofaustralia, martinplace, nationalaustraliabank, ozhistory, sydney, westpac

Banks at Martin Place, Sydney, c1910

Martin Place, c1910. The CBC bank is on the left and the Bank of NSW is on the right. CBC, or the Commercial Banking Company of Sydney, began operations on the 1st November 1834. In 1982 CBC merged with the National Bank of Australasia to form National Australia Bank.

The Bank of New South Wales NSW), also known commonly as The Wales, was the first bank in Australia, being established in Sydney in 1817.

The Bank of NSW merged with many other financial institutions, finally merging with the Commercial Bank of Australia in 1982 and being renamed to the Westpac Banking Corporation on 4 May that year.

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September 29, 2021

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The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest payments. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Important Information: Applications are subject to credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Interest rates are subject to change. Offer does not apply to internal refinances and is not transferable between loans. As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on the advice. [ Example Credit Guide Link ]

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Banks at Martin Place, Sydney, c1910

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