Here are the changes the main banks have made to retail interest rates, for Thursday, May 14, 2026

Here are the changes the main banks have made to retail interest rates, for Wednesday, May 13, 2026

For home loans:

Bank Australia has rejigged its home loan offerings, dropping the "Clean Energy" loan branding and replacing it with both a "New Build" category and a "Renovate" category. Both the new rates are available either on a variable or three year fixed basis. This change doesn't involve different rates for the "New Build" option, but the "Renovate" option comes with a +10 bps rate increase.

We are expecting the Big Four banks to activate their +25 bps rate hike following the last RBA decision, tomorrow. They will all be across the board for variable rates.

For savings accounts:

Suncorp has raised its Growth Saver rates by +25 bps today, adding +5 bps to the base rate and +20 bps to the bonus rate. That now makes their potential rate 5.05%.

Suncorp has raised its Kids Savings rate by +25 bps, all for the bonus criteria, and taking the new rate to 4.30%.

For term deposits:

No changes to report today.