Here are the changes the main banks have made to retail interest rates on Monday, November 16, 2026

Here are the changes the main banks have made to retail interest rates on Monday, November 16, 2026, so far.

For home loans:

HSBC have raised their variable rate by +25 bps.

For savings accounts:

None to note today.

For term deposits:

Both Greater Bank, and Newcastle Permanent have raised their one year term deposit rate to 5.50% (+10 bps), and staying near the top of the market (which is 5.55%).