Westpac, NAB and 2 other lenders: rate changes, 10 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.
Westpac lifts its variable home loan rate 0.25pp to 4.74%
The 4.74% is the variable rate on the Sustainable Upgrades Home Loan for owner-occupiers paying principal and interest. Fixed rates rose most for investors paying principal and interest, by 0.30pp to 0.50pp. For other borrowers the 1-year fixed rate rose 0.30pp, 2-year 0.40pp, 3- and 4-year 0.40pp to 0.45pp, 5-year 0.45pp. Its 4-year fixed home loan rate for investors paying principal and interest moved furthest, up 0.50pp to 7.74%.
Home loans · Biggest move · No. 1 of the day
NAB lifts its variable home loan rate 0.25pp to 6.29%
The 6.29% is the variable rate on the Defence Force Home Loan for owner-occupiers paying principal and interest.
Home loans · Biggest move · No. 2 of the day
Bankwest lifts its variable home loan rate 0.25pp to 6.44%
The 6.44% is the variable rate on the Simple Home Loan for owner-occupiers paying principal and interest, with a deposit of 40% or more. Its other 1- to 5-year fixed home loan rates rose too, by 0.20pp to 0.30pp. Its 1-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.30pp to 6.79%.
Home loans · Biggest move · No. 3 of the day
Police Credit Union lifts its variable home loan rate 0.25pp to 6.14%
The 6.14% is the variable rate on Low Rate Home Loan Special Offer - Owner Occupied for owner-occupiers paying principal and interest, with a deposit of 20% or more. Its variable home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.50pp to 6.39%.
Home loans · Biggest move · No. 4 of the day
NAB lifts its variable business loan rate 0.25pp to 8.10%
The 8.10% is the variable rate on the Business Options Loan for owner-occupiers paying principal and interest.
Business loans · Biggest move · No. 5 of the day
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