Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 3 September 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.

P&N Bank breaks ranks on term deposits

While 8 lenders lifted term deposits rates, P&N Bank cut 7 Month Term Deposit from 4.50% to 4.40%.

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

IMB Bank breaks ranks on term deposits

While 8 lenders lifted term deposits rates, IMB Bank cut Term Deposit from 5.25% to 5.15%.

Term deposits · Against the flow · No. 2 of the day

Police Bank closes in on the sharpest home loans rate

Police Bank narrowed the gap to the market's best home loans rate from 0.49pp to 0.19pp over the past week.

Home loans · Gap closing · No. 3 of the day

Border Bank closes in on the sharpest home loans rate

Border Bank narrowed the gap to the market's best home loans rate from 0.49pp to 0.19pp over the past week.

Home loans · Gap closing · No. 4 of the day

Easy Street launches STREET SMART VARIABLE HOME LOAN SPECIAL - OWNER-OCCUPIED REFINANCE (Principal and Interest)

Easy Street added a new home loans product, STREET SMART VARIABLE HOME LOAN SPECIAL - OWNER-OCCUPIED REFINANCE (Principal and Interest), to its published range. It is advertised at 5.79%.

Home loans · Product launch · No. 5 of the day

Get these by email the morning they are written, for the products and lenders you choose.

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