Westpac cuts Farm Management Deposit rate to 4.5%
The bank lowered its Farm Management Deposit account from 5.2% to 4.5%, a 0.7 percentage point reduction. This marks the largest term deposit adjustment among major banks today.
Daily insights ·
Australian bank and non-bank rate moves, 17 July 2026
6 insights from the product data Australian lenders published under the Consumer Data Right that day, ranked by the size of the move, weighted toward the biggest lenders and the breadth of the reprice. The same wording appears on the home page the morning it is written.
Moula now live on Consumer Data Right with 2 lending products
The fintech lender has joined the CDR ecosystem with rates starting at 15.99%. Customers can now access Moula's loan offerings through authorized third-party apps and services.
MoneyPlace now live on Consumer Data Right with 2 lending products
The bank's offerings are available through CDR with rates starting at 5.67%. Customers can now access MoneyPlace's loan products via the open banking platform.
Traditional Credit Union now live on Consumer Data Right
The credit union is sharing 11 products through the CDR, expanding customer data access options in the banking market.
St.George Bank cuts Farm Management Deposit Account rate to 4.5%
The rate fell 0.7 percentage points from 5.2%, marking the largest deposit account move of the day. This reduction signals shifting competitive positioning in the farm management deposit segment.
ING BANK (Australia) Ltd cuts Fixed Rate Loan by 0.2 percentage points
ING BANK (Australia) Ltd lowered its Fixed Rate Loan from 6.44% to 6.24%. This was the largest home loans move tracked today.
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