Australian bank and non-bank rate moves, 18 August 2026
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.
gmcu lifts Monthly Income Term Deposit - 6 months by 1.35pp
gmcu moved Monthly Income Term Deposit - 6 months from 3.55% to 4.90%, the largest term deposits move of the day. Other term deposit rates at the bank moved the opposite way the same day. This is a repricing of the range, not an across-the-board move.
Term deposits · Biggest move · No. 1 of the day
AMP - My AMP cuts Professional Package by 0.70pp
AMP - My AMP moved Professional Package from 7.44% to 6.74%. Other home loan rates at the bank moved in the opposite direction the same day, reflecting a selective repricing of the range rather than a broad adjustment.
Home loans · Biggest move · No. 2 of the day
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