Here are the changes the main banks have made to retail interest rates on Tuesday, July 14, 2026

Here are the changes the main banks have made to retail interest rates on Tuesday, July 14, 2026, so far.

For home loans:

Teachers Mutual and related brands have tweaked some variable rates lower, mainly focused on their 60-70 LVR lending. But they also increased their variable rates for interest-only lending, mostly by about +15 bps.

For savings accounts:

ING said (quietly) that they are about to end their high 'welcome' rates (first 4 months) on their Savings Accelerator account. No indication what if anything, will replace it. About to go is their very high 5.85% rate incentive.

For term deposits:

There are changes by Bank of Queensland for their term deposit offers. Not rate changes, but qualification changes and minimum deposit changes. MyBOQ term deposits can be opened by savers as yound as 14. Premier TD accounts are only available to those 18 and over. Our tables set out the updated situation.