Interest rate
View the current interest rates for QRIDA loans.
Sustainability and First Start Loans*
| Term | Interest rate |
|---|---|
| Variable | 5.31% |
| 1 year fixed | 5.27% |
| 3 years fixed | 5.53% |
| 5 years fixed | 5.79% |
*Current interest rates drawn down from 1 January 2026.
^Variable rates are subject to change each month.
Disaster Assistance Loan and Essential Working Capital Loan
| Eligible disaster | Interest rate | Application closing date |
|---|---|---|
| Western Queensland Surface Trough and Associated Rainfall and Flooding, 21 March - 19 May 2025 | 2.14% | 31 December 2026 |
| Tropical Cyclone Alfred and Associated Severe Weather, 1 - 16 March 2025 | 2.14% | 31 December 2026 |
| North and Far North Tropical Low, 29 January - 28 February 2025 | 2.14% | 31 December 2026 |
| Southern Summer Rainfall and Flooding, 9 December 2024 - 14 January 2025 | 2.14% | 31 December 2026 |