Here are the changes the main banks have made to retail interest rates on Friday, October 9, 2026

Here are the changes the main banks have made to retail interest rates on Friday, October 9, 2026, so far.

For home loans:

ANZ raised its variable rates by the RBA's +25 bps today. They also hiked fixed rates by between +20 bps and +25 bps (although there were no changes to investor interest-only rates).

Commbank also raised all their variable rates by +25 bps.

NAB did too.

And Westpac.

ING, Greater Bank, and Newcastle Permanent all raised their variable rates by +25 bps as well.

For savings accounts:

ANZ raised all their at-call savings account rates by +25 bps, except they only passed on +15 bps for their Pensioner Advantage account for balances below $50,000.

Commbank upped its Netbank Saver by +20 bps, although it raised its introductory rate by +30 bps.

Westpac raised all its savings accounts by +25 bps, except  they only raised their Save & Spend rate for 18-40 year olds by +20 bps.

ING raised all their savers by +25 bps.

Bank of Queensland pushed through a mixture of +20 bps and +25 bps rises for their savings accounts.

NAB put through the full +25 bps for all its savers, except for its retirement saver which only got +20 bps.

Greater Bank, and Newcastle Permanent both did something very similar.

For term deposits:

No changes to report today.