Open Market Intel

Daily insights ·

Alex.Bank and The Mac: rate changes, 20 October 2026

2 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.

Alex.Bank cuts its 7-year fixed personal loan rate 0.50pp to 8.99%

The 8.99% is the 7-year fixed rate on the Unsecured Fixed Rate Personal Loan.

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

The Mac lifts its 1-year term deposit 0.20pp to 5.20%

The 5.20% is the 1-year term deposit rate, on balances of $5,000 to $1,000,000. Its 6-month term deposit rose 0.10pp, 9-month 0.20pp.

Term deposits · Biggest move · No. 2 of the day

Get these by email the morning they are written, for the products and lenders you choose.

Browse every rate behind them, or see who moved, day by day.