03/11/2026
The rate rise nobody backed this Cup Day.
The RBA has increased the cash rate by 0.25 percentage points to 4.85%.
A small request to the Board - please don’t mistake the racing crowds for overflowing household budgets.
Some people simply need to let their hair down.
A fascinator isn’t a household balance sheet!
Here’s the catch…
Collectively spending less on non-essentials can help ease inflation pressure and create conditions for lower rates.
It’s only part of the picture, and many households have already cut back.
Your lender decides whether and when to change your home loan rate.
If another rise will stretch your budget, call us before repayments become a worry.
We can review your loan and talk through your options.
Disclaimer: This information is general in nature and does not take into account your personal objectives, financial situation or needs.
