Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 2 August 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.

Westpac now leads margin loan rates as NAB exits

Westpac now offers the best published margin loan rate at 9.05%. The previous leader, National Australia Bank, is no longer publishing margin lending products in its CDR range, so the leading position passed on without a rate change.

Margin loan · Leader change · No. 1 of the day

Border Bank raises Term Deposit rate to 5.10%

Border Bank moved its Term Deposit rate from 4.30% to 5.10%, a shift of 0.80 percentage points. This marked the largest term deposit adjustment among banks that day.

Term deposits · Biggest move · No. 2 of the day

CommFCU raises Online Saver rate to 3.75%

CommFCU moved its Online Saver from 3.1% to 3.75%, a 0.65 percentage point increase. The move marked the largest savings rate adjustment among tracked institutions that day.

Savings accounts · Biggest move · No. 3 of the day

HSBC removes 2 transaction account products

HSBC removed 2 products from its published transaction accounts range. The bank's account offerings shifted following the change.

Transaction accounts · Product withdrawal · No. 4 of the day

HSBC withdraws HSBC Personal Loan

HSBC removed HSBC Personal Loan from its published personal loans range.

Personal loans · Product withdrawal · No. 5 of the day

Judo Bank raises business loan rate to 5.01%

Judo Bank moved its Judo Business Loan from 4.97% to 5.01%. The 0.04 percentage point increase marked the largest business loan adjustment among tracked lenders that day.

Business loans · Biggest move · No. 6 of the day

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