RBA rate tracker: every lender passing on the September 2026 cash rate hike
Home loan rates are going up. Find out when your lender is passing on the rate hike, and see if you can find a better deal.
Key takeaways
- The Reserve Bank increased the cash rate to 4.60% on 29 September 2026.
- Home loans are increasing as a result. We're tracking every lender announcement right here.
- Check back in as lenders begin to announce their rate moves.
Ready to save?
Refinance your home loan today and get a better deal
Which lenders have announced a rate increase?
Search for your lender in the table below or jump to the rate rise calculator to see how much your repayments will increase.
We will update this table as more lenders announce rate increases.
| Lender | Increase details | Effective date | More info |
|---|---|---|---|
| BOQ | 25 basis points | Sat 03 Oct 2026 | |
| ME | 25 basis points | Sat 03 Oct 2026 | |
| Virgin Money | 25 basis points | Sat 03 Oct 2026 | |
| AMP | 25 basis points | Mon 05 Oct 2026 | |
| Goulburn Murray Credit Union | 25 basis points | Tue 06 Oct 2026 | |
| HomeStar Finance | 25 basis points | Tue 06 Oct 2026 | |
| Skip | 25 basis points | Tue 06 Oct 2026 | |
| Bendigo Bank | 25 basis points | Wed 07 Oct 2026 | |
| Bluestone | 25 basis points | Wed 07 Oct 2026 | |
| Great Southern Bank | 25 basis points | Wed 07 Oct 2026 | |
| Australian Mutual Bank | 25 basis points | Thu 08 Oct 2026 | |
| AusWide Bank | 25 basis points | Thu 08 Oct 2026 | |
| Credit Union SA | 25 basis points | Thu 08 Oct 2026 | |
| Firefighters Mutual Bank | 25 basis points | Thu 08 Oct 2026 | |
| MoveBank | 25 basis points | Thu 08 Oct 2026 | |
| MyState Bank | 25 basis points | Thu 08 Oct 2026 | |
| Teachers Mutual Bank | 25 basis points | Thu 08 Oct 2026 | |
| Ubank | 25 basis points | Thu 08 Oct 2026 | |
| UniBank | 25 basis points | Thu 08 Oct 2026 | |
| Up Home Loan | 25 basis points | Thu 08 Oct 2026 | |
| ANZ | 25 basis points | Fri 09 Oct 2026 | |
| CommBank | 25 basis points | Fri 09 Oct 2026 | |
| NAB | 25 basis points | Fri 09 Oct 2026 | |
| Westpac | 25 basis points | Fri 09 Oct 2026 | |
| Bank of Melbourne | 25 basis points | Fri 09 Oct 2026 | |
| BankSA | 25 basis points | Fri 09 Oct 2026 | |
| Bankwest | 25 basis points | Fri 09 Oct 2026 | |
| Community First Bank | 25 basis points | Fri 09 Oct 2026 | |
| Easy Street | 25 basis points | Fri 09 Oct 2026 | |
| Greater Bank | 25 basis points | Fri 09 Oct 2026 | |
| Homeloans | 25 basis points | Fri 09 Oct 2026 | |
| IMB | 25 basis points | Fri 09 Oct 2026 | |
| ING | 25 basis points | Fri 09 Oct 2026 | |
| Newcastle Permanent | 25 basis points | Fri 09 Oct 2026 | |
| NRMA Insurance Home Loan | 25 basis points | Fri 09 Oct 2026 | |
| Pepper Money | 25 basis points | Fri 09 Oct 2026 | |
| Qantas Money | 25 basis points | Fri 09 Oct 2026 | |
| St.George | 25 basis points | Fri 09 Oct 2026 | |
| Tiimely Home | 25 basis points | Fri 09 Oct 2026 | |
| Arab Bank Australia | 25 basis points | Tue 13 Oct 2026 | |
| BankVic | 25 basis points | Tue 13 Oct 2026 | |
| BCU Bank | 25 basis points | Tue 13 Oct 2026 | |
| Beyond Bank | 25 basis points | Tue 13 Oct 2026 | |
| Heritage Bank | 25 basis points | Tue 13 Oct 2026 | |
| NICU | 25 basis points | Tue 13 Oct 2026 | |
| P&N Bank | 25 basis points | Tue 13 Oct 2026 | |
| People First Bank | 25 basis points | Tue 13 Oct 2026 | |
| Geelong Bank | 25 basis points | Wed 14 Oct 2026 | |
| Southern Cross Credit Union | 25 basis points | Wed 14 Oct 2026 | |
| The Mutual Bank | 25 basis points | Wed 14 Oct 2026 | |
| Australian Military Bank | 25 basis points | Thu 15 Oct 2026 | |
| Bank Australia | 25 basis points | Thu 15 Oct 2026 | |
| Bank of Sydney | 25 basis points | Thu 15 Oct 2026 | |
| Bank of us | 25 basis points | Thu 15 Oct 2026 | |
| Macquarie Bank | 25 basis points | Thu 15 Oct 2026 | |
| QBank | 25 basis points | Thu 15 Oct 2026 | |
| Qudos Bank | 25 basis points | Thu 15 Oct 2026 | |
| Bank First | 25 basis points | Fri 16 Oct 2026 | |
| Regional Australia Bank | 25 basis points | Thu 22 Oct 2026 | |
| Summerland Bank | 25 basis points | Thu 22 Oct 2026 | |
| Laboratories Credit Union | 25 basis points | Fri 23 Oct 2026 | |
| Family First Bank | 25 basis points | Sun 01 Nov 2026 | |
| Athena | |||
| Aussie | |||
| Bank of China | |||
| Bank Orange | |||
| BankWAW | |||
| Border Bank | |||
| Broken Hill Bank | |||
| Cairns Bank | |||
| Central Murray Bank | |||
| Central West Credit Union | |||
| Coastline Bank | |||
| Defence Bank | |||
| Dnister | |||
| Fire Service Credit Union | |||
| First Option Bank | |||
| Firstmac | |||
| Freedom Lend | |||
| G&C Mutual Bank | |||
| Gateway Bank | |||
| Horizon Bank | |||
| HSBC | |||
| Hume Bank | |||
| Illawarra Credit Union | |||
| La Trobe | |||
| Liberty Financial | |||
| loans.com.au | |||
| Mortgage House | |||
| Pacific Mortgage Group | |||
| Police Bank | |||
| Police Credit Union | |||
| Queensland Country Bank | |||
| RACQ Bank | |||
| Reduce | |||
| resi | |||
| RESIMAC Financial Services | |||
| South West Slopes Bank | |||
| Suncorp | |||
| The Capricornian | |||
| The Mac | |||
| Transport Mutual Credit Union | |||
| Unity Bank | |||
| Unloan | |||
| Well Money | |||
| Yard | |||
| Yellow Brick Road |
Mortgage rate rise calculator
Rate rise calculator
See what a change to your interest rate does to your home loan repayments - and whether refinancing could work out lower.
$
% p.a.
How your loan pays off
- At your current rate
- After the rise
Your new rate
5.55% p.a.
▲ Up 0.25% · 25 bpRepayment change
+$0 a month
That's $0 more a year
- Current repayment per month
- $0
- New repayment per month
- $0
- Interest change over term
- —
Refinancing could beat the rise
See what you could save Hypothetical
These home loans in Finder's database work out cheaper than your new repayment. Repayments are estimates based on your loan amount and remaining term.
| Lender | Rate | Monthly repayment | You could save |
|---|
How we calculated this
- Loan amount and remaining term: taken from what you entered.
- Current repayment: calculated using the interest rate you entered (or, if you didn't enter one, the market average variable rate published by the RBA for owner-occupier P&I loans, refreshed monthly).
- New repayment after rate change: applied to the same balance and remaining term, using the rate change you selected.
- "You could save" figures: the difference between your new repayment and each lender's advertised variable rate for a comparable loan in Finder's database, holding your balance and remaining term constant.
- Long-term interest and savings: totalled over your remaining term in nominal dollars - the actual cash you'd pay or save. This matches ASIC's Moneysmart mortgage switching calculator; loan comparisons are shown as real cash outflows, not inflation-adjusted balances. Present-value discounting under ASIC Instrument 2026/41 applies to accumulation-style projections (super, investment balances) where purchasing power of a future balance matters - not to loan cash-flow comparisons.
- Assumptions: repayments are principal-and-interest, made monthly, with no additional repayments, redraws or offset balances. Lender fees, LMI and government charges are not included. Rates shown are advertised rates and may not reflect what you're offered after credit assessment.
- Data freshness: home loan rates are pulled from Finder's product database, updated regularly by our home loans team. Comparison rates are calculated on a $150,000 loan over 25 years unless the lender publishes a different basis.
If your loan is interest-only, these estimates won't be accurate for your cash-flow position. Use an interest-only calculator instead, or speak to a broker.
These figures are estimates, not quotes. Monthly repayments are calculated from the loan amount and remaining term you entered, using each lender's advertised variable rate on a principal-and-interest basis. Actual repayments will differ once the lender assesses your application and will depend on fees, your loan-to-value ratio and any future rate changes. If your existing loan is interest-only, the "You could save" figures won't reflect your real cash-flow change - compare on rate alone. All figures are shown in nominal dollars - the actual cash you'd pay or save across the loan term. This matches ASIC Moneysmart's approach for its mortgage switching calculator. See the assumptions panel for the full methodology.
Estimates only, not quotes. Repayments assume principal-and-interest and your entered loan amount and term. Figures are in nominal dollars over the loan term. Tap "How we calculated this" for details.
General advice warning. The information on this page is general in nature and doesn't take your objectives, financial situation or needs into account. Before acting on it, consider whether it's appropriate for you and read the lender's Key Facts Sheet, Target Market Determination and Credit Guide. Home loan rates, fees and features can change without notice. We recommend you speak to a licensed mortgage broker or financial adviser before deciding to refinance. Hive Empire Pty Ltd (ACL 385509) provides factual information and general advice only - not personal advice or a credit recommendation.
General advice only. This info doesn't consider your personal situation. Read each lender's Key Facts Sheet and consider speaking to a mortgage broker before refinancing. Hive Empire Pty Ltd, ACL 385509.
Why the Reserve Bank raised the cash rate in September 2026
While inflation is not out of control, it's persistently higher than the RBA wants it to be.
In the latest inflation statistics, headline inflation was 3.5% in the 12 months to July. That's down from 3.8% the previous month, but it's not the number the RBA is most worried about.
Trimmed mean inflation, the RBA's preferred measure of underlying inflation, was stuck at 3.6%. The RBA wants inflation somewhere below 3%, and it's made it clear that getting inflation under control is its top priority.
Rates are now at 15-year highs
We haven't had a cash rate this high since late 2011. And back then, the average home loan was under $400,000. Today, it's above $700,000.
This means that higher rates are much more expensive for borrowers than they were in 2011.
What should I do about my home loan?
- Wait. Lenders will announce rate hikes in the coming days. While almost every lender will increase variable home loan rates by 25 basis points, it's possible some lenders will hold off or raise rates by less than that amount.
- Crunch the numbers. While you wait, you can look at your current home loan repayments and a repayment calculator. Estimate how much more your repayments will be with a 25 basis point increase. On the average home loan of $736,259, it works out to roughly $120 more a month. This helps you budget for these increases and prepare accordingly.
- Start comparing. Once your lender does pass on the rate increase it's a good idea to start shopping around. Some lenders may be offering better deals for new customers. So even if you can't avoid rising rates completely you can still save a bit.
Sources
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