Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 7 September 2026

1 insight 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.

Alex.Bank raises Term Deposit - Direct to 5.00%

Alex.Bank moved Term Deposit - Direct from 4.80% to 5.00% while other term deposit rates at the bank moved in the opposite direction. The shift represents a selective repricing within its term deposit range.

Term deposits · Biggest move · No. 1 of the day

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