Here are the changes the main banks have made to retail interest rates on Wednesday, November 11, 2026

Here are the changes the main banks have made to retail interest rates on Wednesday, November 11, 2026, so far.

For home loans:

Bendigo Bank has now raised all its variable rates by +25 bps for all products.

Great Southern Bang has done the same.

For savings accounts:

AMP Bank has raised its Bank Go rates by +25 bps, its RBA match.

For term deposits:

Macquarie was in the news today for all the wrong reasons (again), but it also raised a set of Term Deposit rates by between +10 bps and +15 bps for terms up to a year. That makes its one year rate now 5.50% which is quite competitive. Bank Australia and cousin Qudos Bank has trimmed most of their key term deposit rates be between -5 bps and -20 bps. That will leave their 1 year rate at 5.55%, so even more competitive than Macbank.