2025 Home Loan Awards

Canstar releases its
2025 Home Loan Awards.

Released: 20 February, 2025

About this year’s awards

While the cash rate held steady throughout 2024, home loan rates also experienced modest movements compared to previous years. However, borrowers on a variable rate would have continued to experience rate rises, and those who took out a fixed rate during COVID may now be feeling the impacts of reverting to a variable rate.

With the recent rate cut announcement by the Reserve Bank of Australia, it may be an important time for homeowners to carefully consider their mortgage arrangements and choose the right provider.

Canstar’s Home Loan Awards recognise the providers who offer outstanding value in both price and features. Whether you’re an investor or owner occupier looking to take out a new home loan or refinance an existing one, these awards could help you make a more informed choice.

Canstar’s Home Loan Awards leverage our sophisticated Home Loans Star Ratings methodology to identify the lenders that have best served a range of home loan customers over the preceding six-month observation period.

Congratulations to the Award winners

(Winners are listed alphabetically)

Does Canstar rate other products?

About Canstar

Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest rates, buy now pay later (BNPL), business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.

About: Josh Sale, Group Manager, Research & Ratings

Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)

Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.

As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.

Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.

Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.

You can follow Josh on LinkedIn, and Canstar on Twitter and Facebook.