The RBA has left the cash rate unchanged at 4.35%, marking the first pause of 2026 after three consecutive hikes earlier this year.
So, a little breathing room? Yes.
The all-clear? Not quite.
The RBA made it clear that inflation is still too high, with both headline and underlying inflation remaining elevated. It also pointed to ongoing global pressures, including oil and commodity prices, which are still sitting higher than before the Middle East conflict began.
In simple terms: rates are on hold, but the pressure has not disappeared.
What This Means for Your Money
A hold doesn’t mean the pressure is suddenly off.
The cash rate is still sitting at 4.35%, and this year’s three rate rises are still making their way through household budgets.
For a borrower with a $700,000 variable-rate mortgage, the cumulative 75 basis points of increases this year could mean hundreds of dollars more in monthly repayments, depending on their loan structure, rate and remaining term.
That can affect more than just the monthly mortgage payment.
It can flow through to:
- Your surplus cash flow
- Your savings rate
- Your borrowing power
- Your investment plans
- Your ability to comfortably hold property over the long term
That’s why in a market like this, guessing can get expensive.
Moorr helps you bring your money, property and lifestyle goals together in one place, so you can see what’s coming in, what’s going out, and how today’s decisions could impact your bigger picture.
You can use Moorr to track your cash flow, monitor your property position, stay across key dates and get clearer on whether your money is working towards the life you actually want.
And if reviewing your numbers raises the bigger question of “Is my loan still competitive?”, you can also explore the Professional Services tab in Moorr to connect with a mortgage broker who can review your current setup.
