Ann: Major Bank increased funding commitment to $150m, page-7

"In an announcement, the company mentioned that the new facility with a two-year term is a significant reduction in warehouse funding costs of below 3.95 per cent p.a (+BBSW) on a fully drawn basis, taking the combined warehouse loan asset funding costs to below 5 per cent p.a (+BBSW), (down from 11.4 per cent in FY20)."

I think the senior debt is ~4% total currently, with the combined funding being <5%. So I assume the senior debt is the cheapest, so today's announcement should bring down their average funding costs slightly more eg. from 4.8% to 4.7%.