Australian Military Bank cuts Income Plus by 1.6 percentage points
Australian Military Bank moved Income Plus from 5.3% to 3.7%. The shift marked the largest term deposits adjustment among banks tracked today.
Daily insights ·
2 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.
Australian Military Bank moved Income Plus from 5.3% to 3.7%. The shift marked the largest term deposits adjustment among banks tracked today.
While 3 lenders cut home loan rates, Judo Bank moved in the opposite direction, lifting its Home Loan rate from 9.11% to 9.34%.
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