Nab Interest Rate Increase 2025 Predictions. Nab group ceo andrew irvine has released a statement on behalf of the. For the last year, australians have been under.

As expected, the rba has cut interest rates for the first time since the covid pandemic in 2020, saying progress has been made on inflation though it struck a hawkish tone. The bank will also increase rates for the following savings products, effective from 12 may 2023: