Which lenders have changed their home loan rates? September 2026
In the September 2026 round, 12 of the 21 lenders we track recorded a change to their home loan rates, each of 0.25%. The median effective date was 9 October 2026. Bank of QLD moved first, effective 2 October 2026, 7 days ahead of the median. We have not recorded a change in this round for 9 lenders: AFG Home Loans - Alpha, AFG Home Loans - Bright, Bank Australia, Bank of Sydney, Great Southern Bank, Health Professionals Bank, People First Bank, Suncorp and UBank. Last updated 1 October 2026.
What is a home loan reference rate?
Most lenders price their variable rate home loans using a reference rate. Individual loans are then priced off the reference rate by offering customers a discount. When a lender changes a reference rate, it is required under the National Credit Code to notify affected customers of the change to their interest rate.
Changes to home loan reference rates are typically made when the Reserve Bank of Australia ('RBA') changes the official cash rate, although lenders can and sometimes do change their reference rates independently of the RBA. This page is designed to give you an overview of current and historical rate changes.
Rate changes are grouped by lender, newest first, showing the last 3 changes we have recorded for each lender. Dates shown are the date the change takes effect.
Has your lender put your rate up?
When a lender lifts its reference rate, the discount on your loan does not move with it — so your rate goes up and the deal you originally negotiated quietly gets worse. We will tell you what your lender has done, what the rest of our panel of 40+ lenders has done, and whether your current rate still stacks up. No cost, and no obligation to switch.
Rate changes by lender
Macquarie Bank rate changes
Macquarie Bank increased its home loan rates by 0.25% effective 15 October 2026 (September 2026 round), 6 days after the median for that round.
+0.25% effective 15 October 2026
+0.25% effective 22 May 2026
+0.25% effective 2 April 2026
HSBC rate changes
HSBC increased its home loan rates by 0.25% effective 12 October 2026 (September 2026 round), 3 days after the median for that round.
+0.25% effective 12 October 2026
+0.25% effective 18 May 2026
+0.25% effective 30 March 2026
ANZ rate changes
ANZ increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
Westpac rate changes
Westpac increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 31 March 2026
Commonwealth Bank rate changes
Commonwealth Bank increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
Bank SA rate changes
Bank SA increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 31 March 2026
Bankwest rate changes
Bankwest increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
ING rate changes
ING increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
Newcastle Permanent rate changes
Newcastle Permanent increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
St George Bank rate changes
St George Bank increased its home loan rates by 0.25% effective 9 October 2026 (September 2026 round).
+0.25% effective 9 October 2026
+0.25% effective 15 May 2026
+0.25% effective 31 March 2026
AFG Home Loans - Retro rate changes
AFG Home Loans - Retro increased its home loan rates by 0.25% effective 8 October 2026 (September 2026 round), 1 day before the median for that round.
+0.25% effective 8 October 2026
+0.25% effective 14 May 2026
+0.25% effective 30 March 2026
See current AFG Home Loans - Retro rates and comparison rates
Bank of QLD rate changes
Bank of QLD increased its home loan rates by 0.25% effective 2 October 2026 (September 2026 round), 7 days before the median for that round.
+0.25% effective 2 October 2026
+0.25% effective 6 February 2026
Health Professionals Bank rate changes
Health Professionals Bank increased its home loan rates by 0.25% effective 1 June 2026 (May 2026 round), 17 days after the median for that round.
+0.25% effective 1 June 2026
+0.25% effective 26 March 2026
+0.25% effective 17 February 2026
See current Health Professionals Bank rates and comparison rates
Bank Australia rate changes
Bank Australia increased its home loan rates by 0.25% effective 20 May 2026 (May 2026 round), 5 days after the median for that round.
+0.25% effective 20 May 2026
+0.25% effective 1 April 2026
+0.25% effective 19 February 2026
People First Bank rate changes
People First Bank increased its home loan rates by 0.25% effective 19 May 2026 (May 2026 round), 4 days after the median for that round.
+0.25% effective 19 May 2026
Great Southern Bank rate changes
Great Southern Bank increased its home loan rates by 0.25% effective 15 May 2026 (May 2026 round).
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
+0.25% effective 13 February 2026
Suncorp rate changes
Suncorp increased its home loan rates by 0.25% effective 15 May 2026 (May 2026 round).
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
+0.25% effective 13 February 2026
AFG Home Loans - Alpha rate changes
AFG Home Loans - Alpha increased its home loan rates by 0.25% effective 15 May 2026 (May 2026 round).
+0.25% effective 15 May 2026
+0.25% effective 27 March 2026
+0.25% effective 13 February 2026
See current AFG Home Loans - Alpha rates and comparison rates
UBank rate changes
UBank increased its home loan rates by 0.25% effective 14 May 2026 (May 2026 round), 1 day before the median for that round.
+0.25% effective 14 May 2026
+0.25% effective 26 March 2026
+0.25% effective 12 February 2026
Bank of Sydney rate changes
Bank of Sydney increased its home loan rates by 0.25% effective 14 April 2026 (March 2026 round), 18 days after the median for that round.
+0.25% effective 14 April 2026
+0.25% effective 17 February 2026
AFG Home Loans - Bright rate changes
AFG Home Loans - Bright increased its home loan rates by 0.25% effective 10 February 2026 (February 2026 round), 3 days before the median for that round.
+0.25% effective 10 February 2026
See current AFG Home Loans - Bright rates and comparison rates
Lenders we have not recorded a change for in the September 2026 round
AFG Home Loans - Alpha, AFG Home Loans - Bright, Bank Australia, Bank of Sydney, Great Southern Bank, Health Professionals Bank, People First Bank, Suncorp and UBank. This means we have not received or confirmed a rate change notice from these lenders for this round. It does not mean they have held their rates — they may have changed them without a notice reaching us, or the change may not be confirmed yet. If one of these is your lender, check your own correspondence or ask us and we will find out.
How this page is compiled
Rate changes are recorded from lender notifications received through the AFG aggregator panel and published once the change is confirmed. A change shown as 0.25% means the rate moved by 0.25 — for example from 6.09% to 6.34% — not by a quarter of one per cent of the rate. Figures are the change to the lender’s rates, not the rate on any particular loan — the rate a borrower pays depends on the discount that applies to their loan, so a lender’s change does not move every product by the same amount. Current product rates, with their comparison rates, are on each lender page. Where this page compares how quickly lenders moved, the comparison is against the median effective date of the lenders we recorded a change for in the same round. Where a lender is not listed for a round, we have no confirmed change on record for it. Last updated 1 October 2026.
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