Purely Finance

Purely Finance We offer tailored mortgage, finance, and wealth planning solutions to suit your life and goals.

Based in Perth, Purely Finance helps you move forward with confidence - from your first home to your long-term financial future.

RBA update đź“ŁThe Reserve Bank has held the cash rate steady at 4.35% today.While rates are on pause for now, inflation is...
16/06/2026

RBA update đź“Ł

The Reserve Bank has held the cash rate steady at 4.35% today.

While rates are on pause for now, inflation is still sitting too high, with fuel costs and global uncertainty continuing to push prices up.

We’re starting to see the impact of earlier rate rises, with consumer spending easing and parts of the housing market softening 🏡 - but the RBA is taking a cautious “wait and see” approach before making its next move.

👉 What this means for you:
• Variable rates should remain stable (for now)
• Some lenders may still make independent changes
• Future rate rises aren’t off the table ⚠️

If anything, this is a reminder that the current environment is still shifting and having the right structure on your loan matters more than ever.

If you’d like us to review your position or help plan your next move, our team is here to help 🤝

🚨 BREAKING NEWS: RBA increases interest rates by 0.25% 🚨The Reserve Bank of Australia has today lifted the cash rate by ...
05/05/2026

🚨 BREAKING NEWS: RBA increases interest rates by 0.25% 🚨

The Reserve Bank of Australia has today lifted the cash rate by 25 basis points to 4.35%.

The RBA’s decision reflects:
-Inflation increasing again in the second half of 2025
-Ongoing capacity pressures in the economy
-Higher fuel and commodity prices, partly due to conflict in the Middle East
-Early indications that businesses facing higher costs are passing these through to prices
-A rise in short‑term inflation expectations

The Board concluded that inflation is likely to remain above target for some time, and that a further increase in interest rates was necessary to manage these risks.

What this means for borrowers:
-Variable mortgage rates are likely to rise
-Repayments may increase as lenders respond
-Borrowing conditions remain tight for buyers

Rate changes affect households differently depending on loan structure and lender policy.

If you’d like to understand what today’s announcement means for your mortgage - or review your options in the current rate environment - our team is here to help.

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Perth, WA
6105

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