Here are the changes the main banks have made to retail interest rates on Tuesday, September 15, 2026

Here are the changes the main banks have made to retail interest rates on Tuesday, September 15, 2026, so far.

For home loans:

No changes to report today.

For savings accounts:

Macquarie Bank has withdrawn their 'welcome rates' for their savings accounts. That leaves them with Standard rates, although these are good, currently at 5.00% for balances up to $2 mln. Readers should also note that Macbank plans to introduce tiered rates for their savings accounts, but these won't start until November 1, 2026.

For term deposits:

Bank Australia (and cousin Qudos Bank) have both raised their one year term deposit rate to 5.50%, the new market-leading level for this term.