29/09/2026
RBA increases the official cash rate to 4.60% 📈
The Reserve Bank of Australia has increased the cash rate by 25 basis points to 4.60% at its September meeting, as it continues to respond to elevated inflation and changing economic conditions.
The RBA noted that some upside risks to inflation are materialising, with higher global energy prices, ongoing cost and capacity pressures, and recent inflation outcomes in Australia stronger than expected. While economic growth is showing signs of slowing, the RBA says inflation remains too high and further tightening was warranted to support its return to target.
For homeowners, buyers and investors, changes to the cash rate can flow through to home loan interest rates, repayments and borrowing capacity.
If you haven't reviewed your loan recently, it could be worth understanding how the latest rate change may affect your position.
👉 Speak with your local Elders Finance expert to discuss your loan and understand your options: elders.short.gy/Elders-Finance
