Finder makes money from featured partners, but editorial opinions are our own.

RBA cash rate: Find out which lenders are increasing home loan rates


After the RBA announced another increase to the cash rate, we track the lenders increasing their home loan rates.

Home loan customers are expected to face further increases to their interest rates after the Reserve Bank of Australia (RBA) announced a fifth consecutive cash rate hike in September.

The previous cash rate hikes have seen lenders move in line with the RBA decisions, meaning it's likely that most will be increasing their interest rates by another 50 basis points this month. This means that home loans would be 225 basis points more expensive than they were in April, before the first cash rate increase.

While some lenders make their interest rate announcements within the first few days, others may take a few weeks. We will update the table below as interest rate information comes through.

LenderNew rateChangeEffective date
CBA4.29%+0.50%16th September
NAB4.24%+0.50%16th September
Westpac4.09%+0.50%20th September
ANZ4.29%+0.50%16th September
MyState Bank4.49%+0.50%19th September
Bendigo Bank4.24%+0.50%16th September
Adelaide Bank4.19%+0.50%16th September
Bankwest5.24%+0.50%16th September
Auswide4.21%+0.50%20th September
Macquarie4.24%+0.50%16th September
Unloan3.54%+0.40%22nd September

*For each lender we've chosen the lowest variable owner-occupier rate for a borrower with a 20% deposit.

What to do when your rate goes up

Interest rate rises are a fact of life. But the recent rate increases have been hard and fast. Here are some tips to put yourself in a better position:

  1. Check your current interest rate. You need to start by looking at your current rate and how much your repayments cost each month.
  2. Look out for communication from your lender. When your rate rises your lender should notify you.
  3. Recalculate your loan repayment costs. Check how much the rate rise will cost you with a mortgage repayment calculator.
  4. Consider switching to a better deal. Once you have a clear idea of your interest rate and costs, look for a better deal on the market and consider switching.

This article has been updated several times as more lenders announce rate decisions.

Want to switch to a better home loan deal? Check out our home loan refinance guide.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site