Alert

Interest rate announcement - 12 August 2022. Bank Australia will increase variable home loan and commercial variable rates in response the RBA’s recent decision to raise the official cash rate. From 18 August 2022, interest rates will increase by 0.50% for variable rate owner-occupier and investor loans, while commercial variable rate loans will also increase by 0.50%. For existing home loan customers, repayment changes will be effective from 1 October 2022. Read more here.

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2022-04-28 10:05 am
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Clean energy loans for Australia's clean energy future

300 Clean Energy Home Loans to help our customers green their homes

We offer a range of ways to help people, businesses and not-for-profits lower emissions and transition Australia to a clean emissions future.

Highlights

Our Clean Energy Home Loan rewards customers buying or building green homes or making ambitious green upgrades

We lend to green, affordable and community-focused housing projects that are helping to make our cities and regions more sustainable. 

What is clean energy?

Clean energy is about switching to renewables and using less energy. It’s a key part of transitioning to a future with low or zero emissions. Our clean lending is focused on sustainable and energy-efficient homes, and electric vehicles.

Why we do clean energy loans

We’ve got a target to reach net zero by 2035, including in our lending operations. We accept the science of climate change, and the impact of non-renewable fossil fuels on the environment and our climate are well documented. Now, more than ever, we must transition to a decarbonised world.

Bank Australia’s policy

We don’t lend to the fossil fuel industry. Read more about our negative screens for coal, oil and gas and related industries.

Scroll down to find out how impact finance has contributed towards accelerating a clean energy future for Australia.

Featured

Clean Energy Home Loan

Building or renovating? By adding solar panels, window glazing, insulation and more, you could qualify for a 5-year variable rate discount on your home loan. Likewise if you build a 7+ star rated home.

  • 100% offset
  • No monthly fee
  • Pay it off early at no cost
  • To buy, build or upgrade
Read more
Above: 7+-star rated home in Cape Paterson
Above: Michelle and Nathan, Bank Australia Clean Energy Home Loan customers

Customer story

How Michelle built her sustainable dream home

"We've reduced our environmental impact and have fewer bills, which means we can spend that money on the everyday costs of raising a family, and invest our time in our growing community.”

Customer stories

View more stories

Featured

LEV Car Loan

Buying a hybrid or electric vehicle? The LEV Car Loan is our way of saying thanks on behalf of the planet. We want to reward you for choosing an LEV (low emission vehicle) with a lower interest rate and no fees.

  • LEV 1% interest rate discount
  • No establishment fee
  • Carbon offset
  • Fixed rate
Learn more
Above: LEV vehicle at Cape Patterson, VIC

Contact the impact lending team

If your organisation needs debt to scale its impact, get in touch with our impact lending team.


Contact Us

Learn more about the impact of finance

Inclusive and accessible housing
Not for profit finance and ‘for purpose’ lending
Helping people make sustainable banking choices
Bank Australia investments