29/09/2026
The RBA has raised the cash rate to 4.60% — the highest level since November 2011.
And for many households, that’s going to hurt.
If you’re already feeling the pressure from your mortgage, groceries, insurance, electricity and the general cost of living, another rate rise can feel like one more thing you didn’t need.
But before you panic, there are a few things worth looking at.
💰 Review your household budget
Small changes across subscriptions, utilities, insurance, groceries and discretionary spending can add up.
🏠 Review your home loan
When was the last time you checked your interest rate? Even a small difference can make a meaningful impact over time.
🔄 Consider consolidating higher-cost debts
If you have personal loans, credit cards or other debts, there may be ways to restructure your finances. Just make sure you understand the total cost and loan term before consolidating.
💳 Make your existing loan work harder
If you have an offset account, make sure you’re using it effectively and keeping surplus cash where it can potentially reduce the interest you pay.
📊 Check your repayments
Don’t wait until your budget becomes uncomfortable. Understanding what your repayments could look like at different rates can help you plan ahead.
🤝 Talk to someone before making a big decision
There may be options you haven’t considered, and sometimes simply reviewing your current position can give you some breathing room.
If the latest rate rise has you wondering "What does this mean for me?” I’m always happy to have a chat and work through your options, no pressure.
It’s your money. Let’s make it work harder for you.
General information only. Lending criteria, fees, charges and eligibility apply. Consider your circumstances and seek appropriate professional advice before making financial decisions.
