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Business Lending products may have an Annual Percentage Rate that is comprised of a Reference Rate being the Bank Bill Swap Rate (BBSW) plus the margin rate as disclosed in your Loan Contract. Your Annual Percentage Rate can be viewed in Internet Banking.

Below is the BBSW 1 month mid rate as published by the Australian Stock Exchange on the first business day (NSW) of each calendar month:

Business lending

Effective date Reference rate
3 April 2024 4.3006% p.a.
1 March 2024 4.2995% p.a.
1 February 2024 4.2923% p.a.
2 January 2024 4.3050% p.a.
1 December 2023 4.2964% p.a.
1 November 2023 4.1800% p.a.

Important information

Banking and Credit products issued by Police & Nurses Limited (P&N Bank).

Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply. 

If you are on a negotiated business lending rate, this can be viewed in Internet Banking.