Open Market Intel

Daily insights ·

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

10 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.

Bendigo Bank lifts its variable home loan rate 0.25pp to 6.14%

The 6.14% is the variable rate on the Bendigo Express Home Loan for owner-occupiers paying principal and interest.

Home loans · Biggest move · No. 1 of the day

Revolut now has the highest savings rate we track, 6.25%

Revolut now has the highest mainstream savings rate we track, 6.25%, overtaking ING.

Savings accounts · Leader change · No. 2 of the day

Unity Bank lifts its variable home loan rate 0.25pp to 6.05%

The 6.05% is the variable rate on Essential Worker Home Loan - Owner Occupier for owner-occupiers paying principal and interest. Fixed rates rose most for owner-occupiers paying principal and interest, by 0.30pp to 0.35pp. For investors paying principal and interest by 0.10pp to 0.20pp, for owner-occupiers paying interest only by 0.10pp to 0.20pp, and for investors paying interest only by 0.05pp to 0.20pp. Variable rates rose 0.15pp. Its other 5-year fixed home loan rates fell, by 0.05pp. Its variable home loan rates fell 0.04pp. Its 3-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.35pp to 6.50%.

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

Beyond Bank Australia lifts its 7-year fixed personal loan rate 0.50pp to 8.49%

The 8.49% is the 7-year fixed rate on the Low Rate Car or Personal Loan. The 7-year fixed personal loan rate on Low Rate Car Loan Special also rose 0.25pp, to 7.04%.

Personal loans · Biggest move · No. 4 of the day

BCU Bank lifts its 1-year term deposit 0.30pp to 5.30%

The 5.30% is the 1-year term deposit rate, on balances of $1,000 to $1,000,000. Some of its other 5-month term deposits fell, by 0.10pp.

Term deposits · Biggest move · No. 5 of the day

Great Southern Bank lifts its 1-year fixed home loan rate 0.25pp to 6.75%

The 6.75% is the 1-year fixed rate on 1 year Fixed Rate Owner Occupied Principal & Interest for owner-occupiers paying principal and interest, with a deposit of 5% or more. Its other variable home loan rates rose too, by 0.25pp. Its 2- to 5-year fixed home loan rates rose 0.25pp.

Home loans · Biggest move · No. 6 of the day

Orange Credit Union lifts its variable home loan rate 0.25pp to 6.54%

The 6.54% is the variable rate on Premium Home Loan Fixed 12 mths Principal & Interest Owner Occupied for owner-occupiers paying principal and interest.

Home loans · Biggest move · No. 7 of the day

Great Southern Bank lifts its 5-year term deposit 0.20pp to 5.45%

The 5.45% is the 5-year term deposit rate on Platinum Plus Term Deposit 13-60 Months. Its 3-month term deposit rose 0.20pp, 7-month and 1-year 0.25pp. Its 1-year term deposit moved furthest, up 0.25pp to 5.45%.

Term deposits · Biggest move · No. 8 of the day

Beyond Bank Australia lifts its 4- to 5-year fixed home loan rates 0.15pp to 6.84%

The 6.84% is the 4- to 5-year fixed rate on the Total Home Loan Package for owner-occupiers paying principal and interest, with a deposit of 20% or more. Fixed rates rose most for investors paying principal and interest, by 0.10pp to 0.20pp. For other borrowers the 2-year fixed rate rose 0.20pp, 3-year 0.10pp. Its 2-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.20pp to 6.59%.

Home loans · Biggest move · No. 9 of the day

Darling Downs Bank lifts its 1-year term deposit 0.20pp to 5.40%

The 5.40% is the 1-year term deposit rate, on balances of $200,000 to $500,000. Its other 1-month to 2-year term deposits rose too, by 0.20pp.

Term deposits · Biggest move · No. 10 of the day

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