Divest your home loan and move away from banks that loan money to dirty energy! Environment Victoria has partnered with Bank Australia, which has never loaned a cent to the fossil fuel industry, and never will. That means no coal, oil, gas or coal seam gas. Together, we’re running a home loan divestment campaign, moving many millions of dollars away from banks that loan money to dirty energy. Right now, you can switch your existing home loan or take out a new home loan and get a competitive rate with a bank that does match your values. Interested in a home loan from a bank that doesn’t finance fossil fuels? CLICK HERE to fill out the form to register your interest with Bank Australia.
Want to divest? Click here to register your interest
Plus, if you shift your home loan through us, Environment Victoria will receive a financial contribution towards our campaigns to shift Victoria away from fossil fuels. (To be totally transparent with you, it’s a one-off payment of 0.40% of the loan value, but it doesn’t affect your interest rate, fees or loan structure in any way.) For more details, please scroll down to see the FAQs. To learn more about where the banks stand on fossil fuels, visit the Market Forces bank comparison website. UPDATE June 2016: To comply with banking regulations, Bank Australia isn’t currently offering new investment loans. You can still switch your residential home loan or take out a new home loan for the house you live in.