Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 6 October 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.

Maitland Mutual lifts its 4-month term deposit rate to 5.40%, 0.20pp below the highest we track

The 5.40% applies on balances of $1,000 to $499,999 and was 5.10% a week ago. The highest term deposit rate we track is 5.60%, at CommFCU and Gateway Bank.

Term deposits · Gap closing · No. 1 of the day

Connective Select lifts its 3-year fixed home loan rate 0.20pp to 6.69%

The 6.69% is the 3-year fixed rate on the Basic Home Loan for owner-occupiers paying principal and interest, with a deposit of 20% or more. Its 1-year fixed rate rose 0.10pp, 2-year 0.05pp, 4-year 0.25pp, 5-year 0.22pp to 0.25pp. Its 5-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.25pp to 6.79%. NRMA Home Loans and AFG Home Loans Alpha, the same group, made the same move.

Home loans · Biggest move · No. 2 of the day

Tiimely Home lifts its 3-year fixed home loan rate 0.20pp to 6.59%

The 6.59% is the 3-year fixed rate on the Tiimely Basic Home Loan for owner-occupiers paying principal and interest, with a deposit of 20% or more. Its 1-year fixed rate rose 0.10pp, 2-year 0.05pp, 4- and 5-year 0.25pp. Its 4-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.25pp to 6.69%.

Home loans · Biggest move · No. 3 of the day

GMCU lifts its 8-month term deposit 0.25pp to 5.25%

The 5.25% is the 8-month term deposit rate on Fixed Term Deposit - 6 to 8 months, on balances of $4,999 to $2,000,000. Its other 6-month to 2-year term deposits rose too, by 0.25pp.

Term deposits · Biggest move · No. 4 of the day

Judo Bank cuts its 4-year fixed home loan rate 0.08pp to 9.64%

The 9.64% is the 4-year fixed rate for owner-occupiers paying principal and interest. Its 1-year fixed rate fell 0.06pp, 2-year 0.09pp, 3-year 0.10pp, 5-year 0.08pp. Its 3-year fixed home loan rate for investors paying interest only moved furthest, down 0.10pp to 9.42%.

Home loans · Biggest move · No. 5 of the day

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