Commonwealth Bank to cut business loan rates after RBA move

The Commonwealth Bank has announced reductions to interest rates on eligible variable-rate business loans in response to the Reserve Bank of Australia's latest cash rate decision.

Following the Reserve Bank of Australia's (RBA) move to decrease the official cash rate by 0.25% per annum, Commonwealth Bank stated that it will pass on the same reduction of 0.25% per annum to a range of eligible variable-rate business lending products.

The new, lower rate will apply to the bank's Variable Base Rate, Residential Equity Rate, and Overdraft Reference Rate. These changes are set to flow through to eligible variable-rate business lending products, including the BetterBusiness Loans and Business Overdrafts. The change will become effective from 22 August 2025.

Support measures

Alongside the rate reduction, Commonwealth Bank also outlined a suite of tools and support measures available to business customers. These resources are designed to assist businesses at various stages of development and in differing financial circumstances.

Among these support options, business customers can access a free comprehensive cash flow tracking capability through the Business Cash Flow tool on the CommBank app. The app also features Bill Sense, which predicts future bills, and the business insights tool Daily IQ, providing detailed analysis and trends for customers.

In addition, the bank has partnered with the University of New South Wales to offer a complimentary Cash Flow Management course to all Australian small businesses, aiming to support better financial management across the sector.

Eligible business customers may also benefit from discounts and special offers through CommBank Yello for Business, the bank's rewards and recognition programme. For those experiencing financial difficulty, Commonwealth Bank provides several support options, including deferred loan repayments and debt restructuring.

The bank's range of financial support is designed to offer flexibility to businesses that may be facing challenging circumstances, with access to a dedicated Business Financial Assistance team available at all hours.

Communication and security

Commonwealth Bank reiterated its commitment to customer security and safety. The bank stressed that it will never request sensitive banking information via email or SMS, nor will it include links asking customers to log in directly from electronic messages.

The bank encourages customers to always search for CommBank in a browser or use the official bank app to access services securely. Any suspicious communications purportedly from Commonwealth Bank should be forwarded to the bank's dedicated security email address and then deleted.

Commonwealth Bank continues to update its support resources and offers further advice on scam and fraud prevention via its website, urging all customers to remain vigilant about their online security.