Westpac cuts Business Term Deposit by 1.45pp
Westpac moved Business Term Deposit from 5.05% to 3.6%. The shift represented the largest term deposits move of the day.
Daily insights ·
Australian bank and non-bank rate moves, 29 August 2026
8 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.
Bank First cuts New Car Loan Personal Lending 1-5 Years Fixed Unsecured by 3.00pp
Bank First moved New Car Loan Personal Lending 1-5 Years Fixed Unsecured from 9.79% to 6.79%, the largest personal loans move of the day.
Bank of Queensland Limited moves against 6 lenders cutting term deposit rates
Bank of Queensland Limited raised myBOQ Term Deposit from 4.75% to 4.95% while 6 lenders cut term deposit rates.
ME Bank - ME Go moves against market trend on term deposits
While 6 lenders cut term deposit rates, ME Bank - ME Go raised ME Go Term Deposit from 4.80% to 5.00%, a 0.2 percentage point increase.
Border Bank adds Driveaway Car Loan to personal lending options
Border Bank introduced 1 new product to its published range, a Driveaway Car Loan advertised at 6.99%.
Australian Military Bank cuts DHOAS Value Home Loan by 0.26pp
Australian Military Bank moved DHOAS Value Home Loan from 6.4% to 6.14%. The adjustment represented the largest home loans move tracked that day.
Rabobank cuts Cash Management Account rate to 0.05%
Rabobank moved its Cash Management Account rate from 0.15% to 0.05%. The 0.1 percentage point reduction was the largest transaction accounts move tracked that day.
Rabobank cuts All In One Account rate to 0.01%
Rabobank moved its All In One Account from 0.05% to 0.01%, a shift of 0.04 percentage points. The adjustment marked the largest business loans move tracked that day.
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