News

AMP Bank has reached another significant milestone in the transformation of its lending experience, with 50 brokers set to begin piloting its new customised digital origination platform from today.

AMP is pleased to announce it has received several awards at the Chant West 2025 Fund Awards, underlining our commitment to help support Australians prepare for and live well in in retirement.

Following the RBA’s decision to decrease the official cash rate by 0.25%, AMP Bank is reducing interest rates across all variable rate home loans by 0.25% per annum (pa) effective 2 June 2025 for customers.

The launch of Australia’s first 10-year interest-only home loan available to owner occupiers has stirred debate and discussion – a response we welcome. Conversations about housing affordability and rising household debt are not only timely, but critical to the financial wellbeing and future prosperity of Australians.

North has taken another step forward in its digital service transformation, delivering a suite of enhancements designed to streamline how advisers manage and action client requests on-platform.

AMP today welcomes the appointment of Dr Daniel Mulino as new Minister for Financial Services and looks forward to working constructively with him to advance reforms that help Australians retire with greater financial confidence.

AMP Bank has today launched a 10-year interest-only home loan with no mid-term reassessment, providing customers with more choice, long-term financial flexibility and greater control over their cashflow.

“We continue to deliver on our vision, to be the place where people come to plan for the next phase of their lives, with innovative products and solutions that help Australians retire with confidence. We are doing this by supporting advisers, delivering value to our superannuation members, and executing on our new digital bank, all of which will drive AMP’s growth.”

AMP Bank is rewarding Qantas Frequent Flyers and Qantas Business Rewards members with Qantas Points when they link their AMP Bank Everyday Account or Everyday Business Account.