05 May 2026
The RBA has increased the cash rate by 0.25%, bringing it to 4.35%.
Rate rises have been on the cards for a while, but that doesn’t make them any easier, especially when you’re balancing a mortgage with the cost of everyday life.
This is the third increase in 2026, with ongoing global pressure continuing to push inflation higher.
So, what does this actually mean?
For a $600,000 mortgage, repayments could go up by around $91 per month.
On its own, that might not feel like much. But when these changes stack up over time, they can start to put real pressure on your budget.
As Brad Linford, Head of Finance, puts it:
“Rate movements are a normal part of the cycle — but that doesn’t make them any easier when you’re managing a mortgage and a household budget. The most important thing right now is not to sit on your hands. If you’re unsure how today’s decision affects you, or whether your current loan is still the right fit, have the conversation. A quick check-in could save you thousands.”
Here’s what our Managing Director, Adam Schaal, has to say:
Where to from here?
If you’re unsure how this change impacts you, that’s completely normal.
We can walk you through what it means for your repayments, your borrowing power, and your next move – whether you’re already building, about to start, or just trying to make sense of it all.
You don’t have to figure it out on your own.
Ready to get started with a real advocate on your side?
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