Australian bank and non-bank rate moves, 23 September 2026
9 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 of Queensland lifts its 1-year term deposit 0.15pp to 5.20%
Premier Investment Term Deposit, on $5,000 to $249,999. Its other terms rose too, by 0.05pp to 0.35pp each. Its 4-month term deposit, on $5,000 to $249,999, moved furthest, up 0.35pp to 4.85%.
Term deposits · Biggest move · No. 1 of the day
People's Choice and Heritage lifts its 2- to 5-year term deposits 0.50pp to 5.25%
On $1,000 and over. Its other term deposit rates rose too, by 0.10pp to 0.48pp each.
Term deposits · Biggest move · No. 2 of the day
CBA launches SMSF Saver
CBA added a new savings product, SMSF Saver, to its published range, advertised at 4.50%.
Savings accounts · Product launch · No. 3 of the day
Bank of China lifts its 3- to 5-year fixed home loan rates 0.20pp to 6.99%
For owner-occupiers paying interest only. Its other home loan rates rose too, by 0.10pp to 0.40pp each. Its 3-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.40pp to 6.79%.
Home loans · Biggest move · No. 4 of the day
Bank Australia lifts its 2-year term deposit 0.30pp to 5.40%
Term Deposit 24 months, on $500 to $1,000,000. Its other terms rose too, by 0.05pp to 0.40pp each. Its 3-year term deposit, on $500 to $3,000,000, moved furthest, up 0.40pp to 5.40%. Qudos Bank, the same group, made the same move.
Term deposits · Biggest move · No. 5 of the day
People's Choice and Heritage lifts its 1-year fixed home loan rate 0.20pp to 6.49%
For owner-occupiers paying principal and interest, at up to 95% LVR. Its other home loan rates rose too, by 0.15pp to 0.30pp each. Its 2-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.30pp to 6.54%.
Home loans · Biggest move · No. 6 of the day
Horizon Bank lifts its 5-year fixed home loan rate 0.20pp to 6.54%
For owner-occupiers paying principal and interest, at up to 70% LVR. Its other home loan rates rose too, by 0.15pp to 0.30pp each. Its 3-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.30pp to 6.24%.
Home loans · Biggest move · No. 7 of the day
ING lifts its variable home loan rate 0.05pp to 6.04%
Mortgage Simplifier, for owner-occupiers paying principal and interest, at up to 70% LVR, borrowing $150,000 or more. Above 80% LVR its rates fell 0.05pp to 0.10pp.
Home loans · Biggest move · No. 8 of the day
BankSA cuts its Investment Cash Accounts transaction account rate 0.35pp to 0.10%
On $10,000 to $19,999. Bank of Melbourne and St.George Bank, the same group, made the same move.
Transaction accounts · Biggest move · No. 9 of the day
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