MyState Bank, Defence Bank and 4 other lenders: rate changes, 27 October 2026
7 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.
MyState Bank lifts its variable home loan rate 0.20pp to 6.54%
The 6.54% is the variable rate on the Special Residential Variable Loan for investors paying interest only, with a deposit of 40% or more. Fixed rates rose most for owner-occupiers, by 0.15pp. For investors by 0.10pp. Variable rates rose 0.15pp to 1.25pp. Its variable home loan rate for owner-occupiers paying principal and interest moved furthest, up 1.25pp to 7.29%.
Home loans · Biggest move · No. 1 of the day
Defence Bank lifts its variable home loan rate 0.30pp to 6.99%
The 6.99% is the variable rate on Ultimate Essentials DHOAS Construction (Owner Occupied) for owner-occupiers paying principal and interest. Its other 1- to 5-year fixed home loan rates rose too, by 0.27pp to 0.35pp. Its variable home loan rates rose 0.20pp to 0.25pp. Its 1-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.35pp to 6.74%.
Home loans · Biggest move · No. 2 of the day
Defence Bank lifts its variable personal loan rate 0.50pp to 6.89%
The 6.89% is the variable rate on the New Car Loan.
Personal loans · Biggest move · No. 3 of the day
QBank withdraws Term Deposit 18 Month
QBank still publishes eight other term deposit products.
Term deposits · Product withdrawal · No. 4 of the day
Broken Hill Bank lifts its variable overdraft rate 0.25pp to 8.55%
The 8.55% is the variable rate on S40 Home Equity Advantage.
Overdrafts · Biggest move · No. 5 of the day
Greater Bank lifts its 1-year term deposit 0.10pp to 5.40%
The 5.40% is the 1-year term deposit rate on Term Investment - Interest @ Maturity, on balances of $50,000 and over.
Term deposits · Biggest move · No. 6 of the day
Great Southern Bank lifts its transaction account rate 0.10pp to 2.75%
The 2.75% is the transaction account rate, on balances of $50,000 and over.
Transaction accounts · Biggest move · No. 7 of the day
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