The RBA has made its move… and it was a close one.
In one of the tightest decisions we’ve seen in years (a 5–4 split), the cash rate has been lifted by 0.25% to 4.10%. That’s now the second hike of 2026 — and a sign that “sticky” inflation, fuelled in part by rising oil prices, is proving harder to bring down than expected.
So what’s the takeaway?
The RBA is choosing to act early to keep inflation under control. But while they’re focused on the bigger picture, this is where your numbers matter most.
In this month’s LIVE update, Ben and Evan Lucas unpack:
- The decision — Why the Board was so divided and what that signals
- The global impact — How rising oil prices are feeding into inflation
- Your money — What this means for your borrowing power and cash flow
The bottom line:
The path back to the 2–3% inflation target is looking a little less smooth than expected. That doesn’t mean panic — but it does mean staying on top of your numbers is more important than ever.
Now’s a great time to check your loan isn’t sitting on a rate that’s no longer competitive. A quick review could make a meaningful difference to your cash flow.
You can book a free loan review with the Empower Wealth team or connect with a broker directly via the “Professional Services” tab in the Moorr app.
