Daily insights · Thursday 6 August 2026

Australian bank and non-bank rate moves, 6 August 2026

9 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.

CommBank cuts Standard Term Deposit by 1.65 percentage points

CommBank moved Standard Term Deposit from 5.1% to 3.45%. The shift marked the largest term deposits move of the day.

Term deposits · Biggest move · No. 1 of the day

Queensland Country Bank cuts Business Online Saver by 2.55 percentage points

Queensland Country Bank moved Business Online Saver from 5.35% to 2.8%. The adjustment marked the largest savings rate move tracked that day.

Savings accounts · Biggest move · No. 2 of the day

Australian Military Bank cuts Capital Guaranteed Super by 1.6 percentage points

Australian Military Bank moved Capital Guaranteed Super from 5.4% to 3.8%. The shift marked the largest transaction accounts move of the day.

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

IMB Bank raises term deposit rates as market shifts lower

IMB Bank moved Term Deposit from 4.60% to 5.00% following 69 rate changes across 6 lenders in the market.

Term deposits · Against the flow · No. 4 of the day

TMCU breaks ranks on term deposits

While 6 lenders cut term deposit rates, TMCU lifted I22_12_TO_23_MONTHS from 2.90% to 3.25%.

Term deposits · Against the flow · No. 5 of the day

Gateway Bank cuts term deposit rates across 4-day streak

Gateway Bank reduced term deposit rates on 4 separate occasions within a 30-day window, with all adjustments moving in the same direction.

Term deposits · Streak · No. 6 of the day

Credit Union SA removes 4 transaction account products

Credit Union SA removed 4 products from its published transaction accounts range.

Transaction accounts · Product withdrawal · No. 7 of the day

CommFCU removes 1 overdraft product from its lineup

CommFCU withdrew Community account - Overdraft from its published overdrafts range.

Overdrafts · Product withdrawal · No. 8 of the day

Police Credit Union Ltd adds 1 new business savings product

Police Credit Union Ltd introduced a Business Savings Account advertised at 4.35%. The product appeared in its published range following the addition.

Savings accounts · Product launch · No. 9 of the day

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