The cash rate is 4.60% after four rises this year. The Reserve Bank's next decision is at 2:30pm AEDT on Tuesday 3 November, Melbourne Cup day. We update this page after every decision, with what the move means for your repayments.
Announced at 2:30pm on the second day of each Board meeting. Lenders set their own rates after that.
| Announced | Decision | Cash rate |
|---|---|---|
| 2026 | ||
| 8 December | Scheduled | – |
| 3 November | Next decision | – |
| 29 September | Up 0.25 | 4.60% |
| 11 August | On hold | 4.35% |
| 16 June | On hold | 4.35% |
| 5 May | Up 0.25 | 4.35% |
| 17 March | Up 0.25 | 4.10% |
| 3 February | Up 0.25 | 3.85% |
| 2025 (cuts only) | ||
| 12 August | Down 0.25 | 3.60% |
| 20 May | Down 0.25 | 3.85% |
| 18 February | Down 0.25 | 4.10% |
Source: RBA cash rate target and Board meeting schedule. A new rate takes effect the day after it's announced.
Type what you owe. We'll show the change in your monthly repayment if your lender passes a move on in full.
Example only, per month, on a 30-year principal-and-interest loan: about $16 to $17 for every $100,000 owed, per 0.25 move. Your figure depends on your rate, term and lender. General information only.
Full repayment calculator →Four things worth doing whichever way it goes.
Check your current rate and repayment on your lender's app, then run the estimate above so a rise isn't a surprise.
Your rate is set by your lender. Most announce their own change within days, and it usually takes effect within a couple of weeks.
Lenders often charge existing customers more than they offer new ones. A gap is worth asking about, whatever the RBA does.
A fixed rate doesn't move until the fixed period ends. Plan for the rate you'll roll onto, not the one you have.
One short email on each RBA decision day: what moved, what it adds to a typical repayment, and what's worth doing. Nothing else in between.
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Straight answers. If yours isn't here, ask cinchi (bottom right) or book a chat.
Dollars per year by loan size, after four rises.
Read → ArticleWhat to ask your lender before you refinance.
Read → CalculatorMonthly saving, break-even month and five-year net benefit.
Open calculator → Talk to usTalk it through with a broker from our team. Lenders pay us, not you.
Book a time →General information only. It doesn't take into account your objectives, financial situation or needs. Repayment figures are examples.
Rates move. Your plan doesn't have to. A cinch.
I'm cinchi, Cinch Loans' AI assistant. I explain how Australian home loans and finance work, and when a question needs a current figure I check trusted sources like MoneySmart, Housing Australia, the RBA and the state revenue offices, and show you where it came from. Suvidh and the team give the actual advice. Your questions are saved so they can pick up where we left off, and when a question needs a person, I'll put you straight through on WhatsApp.
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cinchi is an AI assistant. It can be wrong. Figures are quoted from the source shown and change over time. Nothing here is personal credit advice or an offer of credit. Credit Guide · Privacy · Talk to Suvidh
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