29/09/2026
The RBA have decided to increase the cash rate by 25 basis points. It’s now sitting at a 15 year high of 4.6%.
The banks will likely pass this increase on to borrowers, and we know it all adds up.
On a $750k home loan, for instance (assuming a standard 30 year principal and interest term), jumping from a 6.5% interest rate to a 6.75% interest rate would increase your monthly repayments by $124.
If you’re feeling the squeeze, or just want to find out if there’s a better solution for you, get in touch with us to find out the most up-to-date options.
A better solution may be just a phone call away!