June 2023 RBA Announcement Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank About us Member news 2023 Member news June 2023 RBA Announcement 6 June 6 June On 6 June 2023, the Reserve Bank of Australia (RBA) announced an increase to the official cash rate by 25 basis points to 4.10%. In light of this, we are currently reviewing interest rates on our savings and loan products. Our aim is to always provide value for our Members, both borrowers and depositors, whilst maintaining prudent operational management of the Bank.
