01/09/2026
The RBA held the cash rate at 4.35% in August — its second consecutive hold after three rises earlier in 2026.
A hold isn't relief. It's a pause. Those three hikes already trimmed borrowing capacity by roughly 7% for most borrowers, and that doesn't reverse when the RBA stands still.
What people miss: lenders can — and do — adjust their own product rates independently of the RBA. So if you haven't reviewed your loan recently, your rate may have shifted without a single RBA announcement.
The next RBA decision is 29 September. If you're approaching a fixed-rate expiry, or reassessing what you can borrow in the current environment, now is a practical time to understand your position — not after the next announcement.
For those exploring Shariah-compliant home finance, the same dynamics apply. Explore your options with Burj.