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

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

For home loans:

Bank Australia and related Qudos Bank have both raised all their variable rates by +25 bps today for all products.

For savings accounts:

The same two banks have both raised all their savings account rates by the same +25 bps.

Meanwhile Macquarie has also raised all its savings account rates by +25 bps, Except, its tiered Savings account gets some significant weaking. For balances up to $250,000 in this account, the rate has risen +25 bps to 5.25%. For balances from $250,000 to $2 mln, the rate is up only +5 bps to 5.05%. But for balances over $2 mln they have raised the rate for this tier from 2.75% to 4.60%, a massive +185 bps jump

For term deposits:

No changes to adviser today.