Can I make extra repayments on my loan?

Yes, you can.

With a variable rate loan, you can make extra repayments either as an increase to regular repayments or as a lump sum payment at any time.

With a fixed rate loan, you can pay up to $25,000 p.a. on each fixed rate loan without fee or penalty. Additional repayments over $25,000 per year to a fixed rate term will result in a break cost being payable.