Australian bank and non-bank rate moves, 28 September 2026
3 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.
QBank cuts its variable home loan rate 0.05pp to 5.99%
Classic Home Loan, for owner-occupiers paying principal and interest, at up to 60% LVR. Its other home loan rates fell too, by 0.30pp each. Its variable home loan rate for owner-occupiers paying principal and interest moved furthest, down 0.30pp to 6.09%.
Home loans · Biggest move · No. 1 of the day
Newcastle Permanent Building Society lifts its 11-month term deposit 0.05pp to 5.30%
On $1,000 and over. Its other terms rose too, by 0.05pp each. Greater Bank Limited, the same group, made the same move.
Term deposits · Biggest move · No. 2 of the day
ANZ lifts the purchase rate on six credit cards 1.50pp to 22.49%
On ANZ First, ANZ Platinum, Frequent Flyer Black, Frequent Flyer Platinum, Rewards Black and Rewards Platinum. Its balance transfer rates rose too, by 1.50pp each.
Credit cards · Biggest move · No. 3 of the day
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