Rate Increases

• Judo Bank:
• 1 Year: Increased from 4.55% to 5.35% (Δ +0.80%)
• 5 Years: Increased from 5.00% to 5.30% (Δ +0.30%)
• Community First Bank:
• 12 Months: Increased from 4.10% to 5.00% (Δ +0.90%)
• 12 Months (on maturity): Increased from 3.40% to 5.65% (Δ +2.25%)
• Regional Australia Bank:
• 12 months: Increased from 3.80% to 5.00% (Δ +1.20%)
• CommBank:
• 12 Months: Increased from 4.25% to 5.00% (Δ +0.75%)
• NAB:
• 12 Months: Increased from 4.25% to 5.00% (Δ +0.75%)
• Westpac:
• 24 Months (Special Offer): Increased from 4.00% to 5.10% (Δ +1.10%)
• Great Southern Bank:
• 12 Month: Increased from 5.00% to 5.25% (Δ +0.25%)
• 5 Year: Increased from 5.00% to 5.50% (Δ +0.50%)

Rate Decreases

• Judo Bank:
• 3 Months: Decreased from 4.55% to 4.50% (Δ -0.05%)
• NAB:
• 9 Months: Decreased from 3.30% to 3.20% (Δ -0.10%)
• Bankwest:
• 4 Months: Decreased from 4.25% to 4.00% (Δ -0.25%)
• 6 Months: Decreased from 4.40% to 4.00% (Δ -0.40%)

Macro Signals

• The general upward trend in term deposit rates across several banks suggests a potential increase in economic confidence and borrowing costs.
• Significant increases in rates indicate that banks may be looking to attract more savers amid higher inflation expectations.