Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 26 August 2026

5 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.

Cairns bank cuts CLASSIC HOME LOAN VARIABLE <60 LVR Interest Only by 2.00pp

Cairns bank moved CLASSIC HOME LOAN VARIABLE <60 LVR Interest Only from 8.44% to 6.44%, the largest home loans move of the day.

Home loans · Biggest move · No. 1 of the day

Unity Bank takes top term deposits rate at 5.55%

Unity Bank now offers the best mainstream term deposits rate at 5.55%, following a repricing by the previous rate leader Defence Bank.

Term deposits · Leader change · No. 2 of the day

People's Choice and Heritage removes 7 business loan products

People's Choice and Heritage removed 7 products from its published business loans range.

Business loans · Product withdrawal · No. 3 of the day

Arab Bank Australia Limited removes 2 transaction account products

Arab Bank Australia Limited removed 2 products from its published transaction accounts range.

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

Defence Bank withdraws Term Deposit 10 month

Defence Bank removed Term Deposit 10 month from its published term deposits range.

Term deposits · Product withdrawal · No. 5 of the day

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Browse every rate behind them, or see who moved, day by day.