29/09/2026
The RBA has raised the cash rate to 4.60%, marking the fourth increase this year.
So, what’s behind it?
Inflation is still proving stubborn, with everyday costs like food, housing, education and health continuing to put pressure on household budgets.
Buying a home?
Higher rates can mean lower borrowing power, higher repayments and tighter servicing checks. But there can be another side to it. Higher rates may cool buyer demand, which could mean less competition in some parts of the market.
Already have a home loan?
If you’re on a variable rate, your repayments may rise again. It could be a good time to check whether your loan is still competitive. On a fixed rate? You won’t feel the impact straight away, but it’s a good idea to know when your fixed period ends and what happens next.
And from here?
No one knows exactly what the RBA will do next, so it’s smart to be prepared for either outcome. Speak with your local MoneyQuest mortgage broker to review your options.
Read more here: https://www.moneyquest.com.au/news/september-rate-report-cash-rate-increases-to-4-60/
General information only. It does not take into account your objectives, financial situation or needs.