Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 27 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.

Heartland moves against market trend on term deposits

While 6 lenders cut term deposit rates, Heartland raised its Broker Term Deposit from 5.05% to 5.10%.

Term deposits · Against the flow · No. 1 of the day

Bank of China removes 3 transaction account products

Bank of China removed 3 products from its published transaction accounts range.

Transaction accounts · Product withdrawal · No. 2 of the day

People's Choice and Heritage removes 2 overdraft products

People's Choice and Heritage removed 2 products from its published overdrafts range.

Overdrafts · Product withdrawal · No. 3 of the day

Bank of China removes 1 home loan product from its lineup

Bank of China withdrew its Owner Occupied Home Loan from its published home loans range.

Home loans · Product withdrawal · No. 4 of the day

Rabobank raises High Interest Savings Account (Trust) to 5.3%

Rabobank moved High Interest Savings Account (Trust) from 5.0% to 5.3%. The product saw a 0.3 percentage point increase.

Savings accounts · Biggest move · No. 5 of the day

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