Australian bank and non-bank rate moves, 19 August 2026
4 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.
Credit Union SA cuts Term Deposit by 2.45pp
Credit Union SA moved Term Deposit from 5.45% to 3.00%. Other term deposit rates at the bank moved in the opposite direction the same day, indicating a repricing of the range rather than an across-the-board adjustment.
Term deposits · Biggest move · No. 1 of the day
CommFCU removes 2 home loan products from lineup
CommFCU removed 2 products from its published home loans range.
Home loans · Product withdrawal · No. 2 of the day
RSL Money expands term deposit offerings with 2 new products
RSL Money added 2 term deposit products to its published range. The expansion followed a period of competitive activity in the deposit market.
Term deposits · Product launch · No. 3 of the day
Credit Union SA lowers Netsave Account rate to 4.0%
Credit Union SA moved its Netsave Account from 4.1% to 4.0%. The 0.1 percentage point reduction marked the largest transaction accounts move of the day.
Transaction accounts · Biggest move · No. 4 of the day
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