Daily insights ·
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.
ANZ moved its Advance Notice Term Deposit from 5.10% to 3.50% while simultaneously raising rates on other term deposit products. The opposing moves represent a repricing across the deposit range rather than a uniform adjustment.
Credit Union SA moved Education Community Fixed Rate Personal Loan from 9.99% to 8.99%. The adjustment represents a 1.0 percentage point reduction.
Coastline Bank now offers the best mainstream home loans rate at 5.69%. The previous leader, Family First, exited this category, shifting the leading position without a rate change from Coastline.
SWSbank added the Intro Discounted Standard Variable Home Loan to its published range.
Bank of us lowered its Business Loan rate from 7.99% to 7.94%. The move represented a 0.05 percentage point reduction.
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