27/08/2026
The Big Four are calling for more rate hikes.
Australia’s inflation rate eased to 3.5% in July, but the major banks are still expecting different paths for interest rates.
Here’s where they currently stand:
🟡 CBA: Expects a 25bp rate hike in November 2026, bringing the cash rate to 4.60%.
🔵 NAB: Forecasts a 25bp rate hike in September 2026, with the risk of another hike in November.
🟢 ANZ: Expects a 25bp rate hike in November 2026, bringing the cash rate to 4.60%.
🔴 Westpac: Expects rates to remain on hold through 2026, with the first 25bp rate cut forecast in August 2027, followed by another in December 2027.
With the major banks taking different positions, the RBA's next move is anything but certain.
And for borrowers, even a single rate move can affect repayments, borrowing power and refinancing decisions.
💬 Wondering what the current rate outlook means for your home loan? DM us for a complimentary loan review.