Here are the changes the main banks have made to retail interest rates on Thursday, July 30, 2026

Here are the changes the main banks have made to retail interest rates on Thursday, July 30, 2026, so far.

For home loans:

Macquarie has tweaked its variable home loan offer by cutting -5 bps from all those rates for all its products. That takes its owner-occupier P&I advertised rates down to 6.09%.

Meanwhile, AMP has launched a new variable mortgage line for investors. It is called their Equity Flex loan, for borrowing up to 80% LVR. It is available for total terms of 31 to 40 years! The P&I rate is 6.39% and the interest only rate is 6.59%. The minimum loan amount is $100,000. Offset features are available. The pitch isn't so much around the interest rate which is mid-to-low for these investor loans. Rather it is that you can go all the way to a 40 year loan (although interest-only is only for 6-10 years).

For savings accounts:

None to report today.

For term deposits:

None here either.