06/05/2026
**📈 RBA Rate Update**
The Reserve Bank of Australia has increased the cash rate by **0.25% to 4.35%**.
With inflation still sitting higher than target, strong employment levels, and ongoing global pressures, this decision is aimed at slowing spending and helping bring inflation back under control.
**What does this mean for you?**
If you’re on a variable rate home loan, you may see an increase in your repayments.
Now is a really good time to **review your current rate**, check that your lender is still competitive, and understand what options are available to you. Even small adjustments can make a meaningful difference over time.
There’s always plenty of talk about what rates might do next, but future changes will depend on things like inflation data, employment trends, and how the economy performs overall.
💬 **If you’re unsure or just want to sense-check your situation, feel free to reach out.** I’m here to help you navigate your options and find a solution that works for you.
