Following the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate by 0.25% per annum (p.a.), CBA will increase rates by 0.25% p.a. on eligible variable-rate business loans.
The rate change will apply to CBA Business Bank’s Variable Base Rate, Commercial Variable Base Rate, Residential Equity Rate, Commercial Residential Equity Rate, Overdraft Reference Rate, and Commercial Overdraft Reference Rate, flowing through to eligible variable-rate business lending products including BetterBusiness Loans and Business Overdrafts. These changes will be effective 15 May 2026.
CBA Group Executive Business Banking, Mike Vacy Lyle, said the Bank remains focussed on supporting business customers through the current economic environment.
"Inflationary pressures and global economic conditions continue to shape the operating environment for Australian businesses,” he said.
“We know many business owners are dealing with higher costs, and that consecutive interest rate increases this year are adding further pressure to cash flow and margins for some businesses.
“Our priority is to support customers as they navigate these conditions. We’ve been reaching out to many of our business customers to understand how they’re tracking and how we can help.
“Having these conversations early is important, and we encourage anyone who needs assistance to contact our dedicated Business Financial Assistance team.”
Support for business customers
CBA offers a wide range of tools and programs to support business customers at every stage of their business journey. This includes:
- Free comprehensive cash flow tracking capabilities via a Business Cash Flow tool in the CommBank app.
- Bill Sense to help customers predict future bills.
- CommBank Business Masterclass modules help upskill businesses in the areas of AI and cashflow.
- Eligible business customers can also benefit from discounts and special offers available via CommBank Yello for Business, the bank’s customer rewards and recognition program.
- A range of financial support options are available for business customers experiencing difficulty, including deferred business loan repayments or debt restructuring.
More information is available on our website and businesses seeking support can speak to their Relationship Manager or call CBA’s dedicated Business Financial Assistance team, available 24/7, on 13 26 07.
