The average variable owner-occupier principal and interest home loan rate rose 0.09 percentage points to 6.85% in the week ending 19 October 2026. The biggest move of the week was in credit cards, where the average rate rose 0.70 percentage points to 17.59%. Five of the six categories we track moved materially over the week.
Every figure below is an average across all the products we track in that category (for home loans, every owner-occupier loan at its variable principal and interest rate), taken from each provider's own published Consumer Data Right data and recalculated daily. Movements are measured between our readings of 12 and 19 October 2026.
The RBA cash rate is 4.60%, unchanged since 30 September 2026. Source: Reserve Bank of Australia.
The week at a glance
| Market | Average rate | Change | vs cash rate | Products |
|---|---|---|---|---|
| Home loans | 6.85% | +0.09 pts | +2.25 | 389 |
| Savings accounts | 3.30% | +0.06 pts | -1.30 | 312 |
| Term deposits | 4.13% | Unchanged | -0.47 | 647 |
| Credit cards | 17.59% | +0.70 pts | +12.99 | 196 |
| Personal loans | 9.39% | +0.03 pts | +4.79 | 186 |
| Car loans | 7.88% | +0.03 pts | +3.28 | 113 |
Home loans
The average variable owner-occupier principal and interest home loan rate rose 0.09 percentage points over the week, to 6.85%, across 389 products from 101 providers.
Within the category, variable, investor, p&i moved most, up 0.09 percentage points.
Average home loan rates today
- Average comparison rate*
- 6.97%
- Lowest advertised
- 4.74% (4.74% comparison rate*)
- Median
- 6.44%
- Variable, owner-occupier, P&I
- 6.85% (6.97% comparison rate*)
- Variable, owner-occupier, interest only
- 7.54% (7.49% comparison rate*)
- Variable, investor, P&I
- 7.15% (7.28% comparison rate*)
Across 389 products from 101 providers, as at 19 Oct 2026. Loans with no published comparison rate are left out unless we list them anyway, and never count in the lowest advertised rate or the average comparison rate. See every segment and how it has moved.
Savings accounts
The average savings account rate rose 0.06 percentage points over the week, to 3.30%, across 312 products from 85 providers.
The segments underneath it did not all move the same way: introductory rate moved most, down 0.08 percentage points.
Average savings account rates today
- Highest paying
- 6.25%
- Median
- 3.69%
- Base rate
- 1.87%
- Bonus rate
- 4.21%
- Introductory rate
- 3.71%
Across 312 products from 85 providers, as at 19 Oct 2026. See every segment and how it has moved.
Term deposits
The average term deposit rate was unchanged over the week at 4.13%, across 647 products from 85 providers.
That average held while its parts did not: 12 months moved most, down 0.11 percentage points.
Average term deposit rates today
- Highest paying
- 5.60%
- Median
- 4.70%
- 1 month
- 1.53%
- 3 months
- 4.09%
- 6 months
- 4.46%
Across 647 products from 85 providers, as at 19 Oct 2026. See every segment and how it has moved.
Credit cards
The average credit card rate rose 0.70 percentage points over the week, to 17.59%, across 196 products from 59 providers.
Average credit card rates today
- Lowest advertised
- 0.00%
- Median
- 19.49%
Across 196 products from 59 providers, as at 19 Oct 2026. See every segment and how it has moved.
Personal loans
The average personal loan rate rose 0.03 percentage points over the week, to 9.39%, across 186 products from 72 providers.
Within the category, variable rate moved most, up 0.03 percentage points.
Average personal loan rates today
- Average comparison rate*
- 10.12%
- Lowest advertised
- 5.55% (5.55% comparison rate*)
- Median
- 8.95%
- Fixed rate
- 8.60% (9.22% comparison rate*)
- Variable rate
- 10.11% (10.90% comparison rate*)
Across 186 products from 72 providers, as at 19 Oct 2026. Loans with no published comparison rate are left out unless we list them anyway, and never count in the lowest advertised rate or the average comparison rate. See every segment and how it has moved.
Car loans
The average car loan rate rose 0.03 percentage points over the week, to 7.88%, across 113 products from 54 providers.
Within the category, variable rate moved most, up 0.04 percentage points.
Average car loan rates today
- Average comparison rate*
- 8.49%
- Lowest advertised
- 5.74% (7.16% comparison rate*)
- Median
- 7.49%
- Fixed rate
- 7.60% (8.28% comparison rate*)
- Variable rate
- 8.14% (8.70% comparison rate*)
Across 113 products from 54 providers, as at 19 Oct 2026. Loans with no published comparison rate are left out unless we list them anyway, and never count in the lowest advertised rate or the average comparison rate. See every segment and how it has moved.
How we measure this
These averages come from our own daily readings of every provider's published product data, not from a survey and not from lender submissions. A category's average is taken over every product we track in it, at the headline advertised rate shown on its card, so a figure here agrees with the tables elsewhere on the site. A product counts once however many rates it publishes. Home loans are averaged over owner-occupier loans at their variable principal and interest rate: fixed rates, interest-only rates and investment loans are separate markets with their own rates, and an average across them would describe none of them.
The "vs cash rate" column is the gap between a market's average and the RBA cash rate, in percentage points. It is the figure that says how much of a rate is the lender rather than the market: a positive number is what borrowers pay above the cash rate, a negative one is what savers earn below it.
We report a change only where the average moved by at least 0.02 percentage points between 12 and 19 October 2026. Anything smaller sits inside the movement created by products entering and leaving the market, so calling it a rate move would be reading a trend into noise. See the Rate Tracker for the full series behind each figure.
Comparison rate warning
*Warning: the comparison rates shown for home loans are calculated by each lender on its own standard example, usually a $150,000 loan over 25 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
*Warning: the comparison rates shown for personal loans and car loans are calculated by each lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.