Cairns bank cuts CLASSIC HOME LOAN VARIABLE >90 LVR Interest Only by 2.00pp
Cairns bank moved CLASSIC HOME LOAN VARIABLE >90 LVR Interest Only from 8.89% to 6.89%, the largest home loans move of the day.
Daily insights ·
Australian bank and non-bank rate moves, 28 August 2026
6 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 removes Market Rate Loan product from business lending lineup
CommBank withdrew 1 product from its published business loans range.
Auswide Bank Ltd moves against market trend on home loans
While 3 lenders cut home loan rates, Auswide Bank Ltd raised HOME LOAN PLUS from 6.09% to 6.19%.
Bank of China cuts Term Deposit AUD 18M by 0.40pp
Bank of China moved Term Deposit AUD 18M from 5.25% to 4.85%, the largest term deposits move of the day.
Central West CUL withdraws 1 personal loan product
Central West CUL removed Homeowner Personal Loan from its published personal loans range.
Gateway Bank lowers Reverse Mortgage Access to 8.49%
Gateway Bank moved Reverse Mortgage Access from 8.75% to 8.49%, a shift of 0.26 percentage points. The adjustment marked the largest Reverse Mortgage Access move among banks tracked that day.
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