--- title: "Novated Lease — St.George Bank" description: "Leases from St.George Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/st-george-bank/products/STGEFNovatedLease source: "CDR Compare" language: en-AU last_updated: 2026-05-13T00:01:01Z --- # Novated Lease — St.George Bank > Leases from St.George Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Leases** As part of our salary sacrificing arrangements you can lease a car and pay your lease and running costs from your pre-tax salary with our Novated lease offering ## Apply Applications are handled by the provider: [Apply at St.George Bank](https://eforms.stgeorge.com.au/olfmu/eforms/UberForm/#/welcome/VehicleAndEquipmentFinance) ## Fees | Fee | Type | Amount | | --- | --- | --- | | Establishment Fee - EF — Charged to cover the costs of originating your Goods Loan, Hire Purchase or Lease and payable by you on or before the settlement date. | Upfront | $500.00 | | Asset Inspection Fee — Applies where we, or one of our agents is required to inspect the Equipment being financed. This fee is payable on or before the settlement date. Note: Sometimes we may require an agent to inspect the goods on our behalf - where this amount differs we will advise you via the Details. | Upfront | $150.00 | | Legal Fees for Complex Documentation — Where we require external Lawyers to document some or all of your contract documentation, we will advise you of this fee before proceeding. It will be payable on or before the settlement date | Upfront | Variable | | Early Termination Fee — Applicable when you terminate your Goods Loan, Lease or Hire Purchase early and is charged at an amount equivalent to three monthly payments. We work this out by adding up the total repayments, dividing this by the number of months in the term and multiplying this by 3. | Exit | Variable | | Break Costs — Refer to your Goods Loan, Lease or Hire Purchase Details and the Auto & Equipment Finance General Terms you were provided with for an overview of how this fee is calculated. Break costs are not a fixed amount and are determined by a number of factors specific to your product. | Event | Variable | | Overdue interest (Default / Penalty Interest) — This charge applies on overdue amount from the time it?s due until it?s paid | Event | 0% of interest accrued (yearly) | | Personal Property Security Fees — Personal Property Security Fees apply when search and registration fees are applicable. Where charged individually, these will be itemised on your Details and for the current costs, please refer to the PPS Registrar?s website which can be accessed at below link | Event | Variable | ## Features - **Flexible repayment terms are available for the product** - **A Finance Lease that is novated to your employer so that they take on the responsibility for paying the rentals while you remain an employee with them.** - **With respect to ownership we own the vehicle and you rent it from us.** - **Potential tax benefits : Rental payments are tax deductible.** ## Eligibility - **Business customers** (Your business has a valid Australian Business Number (ABN) and is registered for GST.) - **Business customers** (You intend to use the asset mostly for business use.) ## Constraints - **Minimum limit** — $15,000.00 - **Minimum term of 1 year and Maximum term of 7 years ** ## More information from St.George Bank - [Overview](https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease) - [Terms & conditions](https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease) - [Eligibility](https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease) - [Fees & pricing](https://www.stgeorge.com.au/content/dam/stg/downloads/business/fees_sgb.pdf) ## Data provenance - Published by St.George Bank under the Consumer Data Right - Product ID: `STGEFNovatedLease` - Last updated by the provider: 13 May 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/st-george-bank/STGEFNovatedLease - Provider page: https://www.cdrcompare.au/brands/st-george-bank - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000140 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/st-george-bank/products/STGEFNovatedLease) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider. Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)