Great Southern Bank lifted its variable home-loan rates by 0.25 percentage points from 7 October 2026, Ratesniffers records. Every lender's date is in the RBA rate pass-through tracker.
Active products
123
Variable product example
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Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
Fixed product example
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Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
Example comparison rate
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Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
Last updated
1 November 2026
Great Southern Bank (formerly CUA, Credit Union Australia) is Australia's largest customer-owned bank by membership. Headquartered in Brisbane, it combines mutual-banking governance with a national online home-loan offering. The Offset Variable bundles 100% offset on eligible loans.
What are Great Southern Bank home loan rates?
Ratesniffers compares Great Southern Bank home loan products by comparison rate. Compare Great Southern Bank's product rates and conditions in the table. A verified example for this loan scenario is unavailable. Compare Great Southern Bank against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
How many home loan products does Great Southern Bank offer?
Ratesniffers currently tracks 123 Great Southern Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
123 Great Southern Bank home loan products
No active products surfaced. This lender may have paused new lending or recently been removed from our index, check back tomorrow.
Who is Great Southern Bank?
Great Southern Bank is the former Credit Union Australia (CUA), which adopted its bank name in 2021, research showed many customers did not understand what a credit union was. It remains 100% customer-owned, making it one of Australia's largest mutual banks.
Its home-loan range focuses on owner-occupiers and first home buyers, and as a mutual its profits go back into rates and service rather than shareholder dividends.
Who suits a Great Southern Bank home loan?
Great Southern Bank tends to suit borrowers, especially first home buyers, who want a customer-owned lender with a national footprint and digital-first service. Mutual ownership does not guarantee the lowest rate on any given day, so compare its comparison rates against the leaders in the table above.
Background facts checked 5 September 2026. Rates above refresh independently.
Great Southern Bank fees, offset and limits at a glance
Application or establishment fee
$0, $600 (varies)
Discharge fee
$500
Settlement fee
$195
Additional valuation fee
$300
Rate lock fee
$600 per fixed rate loan
Loan portability
$300
Offset account
100%
Minimum offset balance
$1
Lenders mortgage insurer
Helia
Capitalising LMI
Refer product guidelines
Maximum total lending
$5m for all loans
Extra repayments on fixed
Up to $30k per fixed term
When the fixed rate is locked
Customers have up until full (unconditional) approval to request Fixed Rate Lock.…
Checked 8 Oct 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Great Southern Bank home loans: frequently asked questions
What are Great Southern Bank home loan rates?
Ratesniffers compares Great Southern Bank home loan products by comparison rate. Compare Great Southern Bank's product rates and conditions in the table. A verified example for this loan scenario is unavailable. Compare Great Southern Bank at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments, use /calculators/extra-repayment.
How much do you need to earn for a $500,000 Great Southern Bank home loan?
There is no single salary requirement for a Great Southern Bank home loan. The lender assesses income, expenses, debts and repayment capacity. APRA's residential mortgage framework generally requires governed authorised deposit-taking institutions to apply a minimum 3 percentage point buffer above the payable interest rate, ignoring temporary introductory discounts, with prudent limited policy exceptions. This does not establish Great Southern Bank's actual assessment rate or approval criteria. Confirm the applicable lender policy and use /calculators/income-required for an illustrative estimate, not approval.
How does Great Southern Bank's home loan rate compare to the market?
Compare Great Southern Bank's product conditions and comparison rates with /home-loans. The available table does not establish a whole-market ranking or a personalised offer.
How many home loan products does Great Southern Bank offer?
Ratesniffers currently tracks 123 Great Southern Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Great Southern Bank competitive for refinancing?
Compare Great Southern Bank's available product conditions and total costs with your existing loan. A listed rate does not establish refinance eligibility. Allow for discharge, establishment and any fixed-loan early repayment costs, and confirm applicable lender terms before switching. Compare the table with /home-loans/refinance.
How often are Great Southern Bank's home loan rates updated?
Ratesniffers refreshes Great Southern Bank's home loan rates daily; this page was last updated 1 November 2026. Rates can change whenever Great Southern Bank reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
Does Great Southern Bank have an offset account, and what does it cost?
Yes. The Offset Variable Home Loan includes a 100% Multi-Account Offset at no charge, with $0 monthly and $0 annual fees. Up to six Great Southern Bank transaction accounts can be linked, and their combined balance offsets the loan. Each offset account needs a minimum $500 balance to earn the offset benefit, and offset funds do not earn interest.
Is Great Southern Bank a participating lender in the Australian Government 5% Deposit Scheme?
Yes. Great Southern Bank appears on the Australian Government's list of participating lenders for the 5% Deposit Scheme, and its own site says this is its sixth year taking part. Eligible first home buyers can buy with a 5% deposit and no LMI, and eligible single parents or guardians with a dependant from 2%. Price caps and eligibility rules apply.
