Your Finance GuideAustralian finance education
Customer-owned

Newcastle Permanent (Newcastle Greater Mutual Group)

NSW-based customer-owned bank, merged with Greater Bank in 2023 to form Newcastle Greater Mutual Group. Strong Hunter Valley and central NSW presence.

NewcastleFounded 1903ACL/Banking Licence 238273

Strengths

  • Customer-owned, no shareholders
  • Strong NSW Hunter and Central Coast presence
  • Sharp prime variable rates

Watch out for

  • Branch network concentrated in NSW
  • Smaller product range than majors

Newcastle Permanent products

Editorial reference covering the product range Newcastle Permanent offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to Newcastle Permanent\'s own rate card; the live number sits with them.

Home loans

Other customer-owneds

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WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

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The Newcastle Permanent (Newcastle Greater Mutual Group) rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.

★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.