05/05/2026
Rates have increased again as of May 5.
The main reason? Inflation is still too high.
When inflation stays elevated, the RBA increases rates to slow spending and bring things back under control.
For borrowers, that usually means higher interest rates from lenders, increased mortgage repayments and reduced borrowing capacity. It also means it’s more important than ever to review your loan and make sure you’re set up properly.
Reach out to a broker at Clio Financial to see what options are available for you.
PH: 1300 181 202
E: [email protected]
W: www.cliofinancial.com.au