The ADF remains committed to upholding and furthering the Mission of our Church, while prioritising long-term stability. Given the dynamic nature of our operating environment, we regularly assess our interest rates to align with market conditions, while also considering our customers’ loan and investment requirements.

The ADF endeavours to strike a balance between mitigating the effects of market fluctuations and fulfilling our responsibilities as stewards in support of the Church’s Mission. Our goal is to minimize interest rate volatility to provide our customers with greater certainty and stability.

As part of our commitment to adapt to the ever-changing market dynamics, we may periodically adjust our interest rates independently from the RBA’s cycle. This approach allows us to proactively align our rates with prevailing market conditions and better serve the needs of our customers while maintaining financial prudence.

The ADF Board has approved a rate increase for all customers effective 1st May 2023.

The ADF’s new standard rates will be:

Standard Variable Loan Rate: 5.95%
Standard Investment Rates:
Up to $499,999 2.85%
$500,000 to $1,999,999 3.05%
Over $2,000,000 3.20%

To support our customers with loans and continue to provide certainty, please note that it is ADF practice not to vary principal and interest loan repayments when interest rates increase. As such, principal and interest loan repayments on existing loans will remain at the current repayment levels.

If you have any questions or queries, please do not hesitate to contact your ADF Relationship Manager directly.