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Great Southern Bank · Business loans
Commercial Variable - Residentially Secured IO
Great Southern Bank's Commercial Variable - Residentially Secured IO is a business loan. The figures are the ones Great Southern Bank publishes under the Consumer Data Right today. The advertised rate last moved on 29 October 2026, up from 7.25% to 7.50%.
Advertised rate
7.50%
headline tier
Tiers
1
current rate rows
Last moved
+0.25pp
29 October 2026
Advertised rate, last 30 days. Between 7.25% and 7.50% over the last 30 days.
Every current rate (1)
| Tier | Rate |
|---|---|
| Variable, Interest only | 7.50% |
Rate moves, last 30 days
- 29 October 2026: Variable, Interest only lifted 0.25pp, from 7.25% to 7.50%.
Published fees
| Fee | Amount |
|---|---|
| Account Information Feewhen it happens: Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Vi | $20 |
| Arrears Letter Feewhen it happens: Payable where Great Southern Bank sends you a letter in relation to arrears on your account. | $22 |
| Default Notice Feewhen it happens: Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account. | $33 |
| Early Payout Cost (EPC)when it happens: When you enter into a fixed rate loan contract, you are effectively locking in the loan interest rate offered to you for an agreed period of time (e.g. | see lender |
| Property Valuation Feeupfront: A property valuation fee is payable for each commercial property offered as security. | see lender |
| Monthly Account Keeping Feerecurring | $0 |
| Debt Collection Feewhen it happens: Costs incurred in the recovery of outstanding debts vary depending on the nature of the default. | see lender |
| Security Adminstration Feeupfront: For each security offered to the Great Southern Bank loan. | $235 |
| Discharge Feeon exit: If you pay out the loan partially or in full where a discharge of security is required, or you request a discharge of a security, a discharge fee is payable (pe | $500 |
| Redraw Feewhen it happens: $200 minimum withdrawal applies in branch. | $0 |
| Establishment Feeupfront: Establishment Fee irrespective of total loan amount applied for. | $750 |
| Production Feewhen it happens: If you request a title held by Great Southern Bank to be produced to a relevant state’s land titles office for any purpose, a production fee is payable. | $100 |
Other Great Southern Bank business loans
Commercial 1 Year Fixed - Residentially Secured IO 7.50%Commercial 1 year fixed - Residentially Secured P&I 7.50%Commercial Variable - Residentially Secured P&I 7.50%Commercial 2 Year Fixed - Residentially Secured IO 7.65%Commercial 2 year fixed - Residentially Secured P&I 7.65%Commercial 3 Year Fixed - Residentially Secured IO 7.65%Commercial 3 year fixed - Residentially Secured P&I 7.65%Commercial 1 Year Fixed - Commercially Secured IO 8.00%Commercial 1 Year fixed - Commercially secured P&I 8.00%Commercial 5 Year Fixed - Residentially Secured IO 8.00%Commercial 5 year fixed - Residentially Secured P&I 8.00%Commercial Variable - Commercially Secured IO 8.00%
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