Open Market Intel

Daily insights ·

Bankwest, Great Southern Bank and 5 other lenders: rate changes, 3 November 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.

Bankwest cuts its variable home loan rate 0.20pp to 6.94%

The 6.94% is the variable rate on the Simple Home Loan for owner-occupiers paying principal and interest, with a deposit of 5% to 10%. Its other home loan rates fell too, by 0.10pp to 1.08pp. Its variable home loan rate for owner-occupiers paying principal and interest moved furthest, down 1.08pp to 7.54%.

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

Great Southern Bank cuts its 1-year term deposit 0.35pp to 5.10%

The 5.10% is the 1-year term deposit rate. Its 3-month term deposit fell 0.30pp, 7-month 0.35pp. Its 5-month and 11-month term deposits rose 0.80pp, 8-month 1.35pp.

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

CBA cuts its 1- to 7-year fixed personal loan rates 0.26pp to 6.99%

The 6.99% is the 1- to 7-year fixed rate on the Unsecured Fixed Rate Personal Loan.

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

Border Bank lifts its 1- to 2-year fixed home loan rates 0.15pp to 6.39%

The 6.39% is the 1- to 2-year fixed rate on the First Home Loan for owner-occupiers paying principal and interest, with a deposit of 2% to 20%. Its 3-year fixed rate rose 0.35pp, 5-year 0.15pp. Its 3-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.35pp to 6.44%. Police Bank, the same group, made the same move.

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

Police Credit Union lifts its variable personal loan rate 0.25pp to 7.23%

The 7.23% is the variable rate on Low Rate Car Loan Special Offer - Variable, with a deposit of 50% or more. Its 5-year fixed rate rose 0.25pp, 7-year 0.15pp.

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

SWSbank pulls 2 home loan products

Intro Discounted Standard Variable Home Loan and Investment Discounted Standard Variable Home Loan. SWSbank still publishes 10 other home loan products.

Home loans · Product withdrawal · No. 6 of the day

Hume Bank lifts its 1-year term deposit 0.10pp to 5.40%

The 5.40% is the 1-year term deposit rate, on balances of $1,000 to $1,000,000.

Term deposits · Biggest move · No. 7 of the day

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