RBA Interest Rates Decison – increase of 0.25 from 3.85 to 4.10
https://www.rba.gov.au/media-releases/2026/mr-26-08.html
RBA Interest Rates Decison – increase of 0.25 from 3.85 to 4.10
https://www.rba.gov.au/media-releases/2026/mr-26-08.html
35 Comments
I think everyone saw this coming tbh, not helped by Trump and Netanyahu playing around in the Middle East like pre schoolers
Thank God I signed my new rental contract yesterday so my landlord can’t use this opportunity to raise my rent again for a full year
This combined with fuel prices etc.
Grim times. I make a good wage, so does my partner and we are feeling the pinch big time. A lot of people must be doing it pretty tough atm.
Cool and normal, people struggling with mortgages get to suffer more because elderly boomers with paid off houses won’t stop spending.
5-4 closer than I expected but still…so keen to be paying off less of my principal.
This is worse than eating capsicum
Millions of homeowners go from not have enough money to having even less money. Banks profits increase. Explain to me again how this broken logic is supposed to help?
This does nothing to those who have already accumulated large hordes of wealth. This approach is no longer effective at controlling inflation and new approaches need to be tried. Get those capital piles moving around the economy again.
Young millennial families barely a foot in the door get door repeatedly slammed on that one foot. Gen Z can’t even get to the door because they’re drowning from insane rental prices.
With each rate rise the rich get richer
Hardly unexpected but still not great. Compared to many, my mortgage is on the lower end. Combined with higher fuel prices this sucks and will hurt many people much worse.
Most interesting thing to me is that the board was split – 5 members voted for the rate rise, and 4 voted to keep rates steady.
i’m tired boss
Great. More money for banks while mortgage holders get squeezed again. Rate hikes don’t fix inflation when the biggest increases are in essentials like housing, groceries, petrol and energy. People can’t just stop buying those. The Govt. should be tackling price gouging instead of leaving the RBA to utilise the only blunt instrument they have, that does nothing to target the actual real sources of inflation.
I fixed half my mortgage at 4.89 back in October. Really wished I fixed 75% now. Was kind of hoping it was a gamble that I looked back on and thought ‘well that was dumb’.
I’m tired boss
Lmao I love this, wait until the landlords raise the rents on the tenants and then inflation keeps going up since main contributors are rent, energy, gas.
They’ll raise the rates again. It’ll be fun for everyone.
It’s so funny how they think it is going to do anything when the rich just keep hoarding assets and funneling wealth out of the working class
Week by week I’m just watching the tent city expand on the perimeter of our city. It’s so fucking sad. Those poor people!
This is fucked.
Another 10% and we’ll have interest rates that make investing in banking attractive again, taking the wind out of the real estate market.
Week by week I’m just watching the tent city expand on the perimeter of our city. It’s so fucking sad. Those poor people! Time for a UBI yet?!
Good luck hospitality industry, I know I’m not going out anymore
Put the rates up to slow us from spending🤷Who’s spending anything everything is to bloody expensive.
This country is fucked.
At what point do we just give up?
It feels like a lot of people are really close.
Can someone explain how a rate hike is meant to fix supply shortages from a war? Feels like a blunt tool where regular people take the hit while the real problem sits untouched.
The fact we know this is targeting the wrong people but we’re doing it anyway because it’s the only lever anyone is willing to pull is pretty sad.
Serious question.
At what point is this struggle going to have a very explosive or violent turn within our country?
I’m not saying this is something I want by any means. I want what I imagine most Australians want, to live a peaceful, happy life with a family, a home and maybe a pet or two.
Unfortunately for the last 20+ years, our politicians and political influence abroad (corporate interests really, interests of the 0.01%) have eroded that dream away for most.
Energy prices soaring, fuel rationing being considered, the big banks wanting more and more of our hard-earned money because their shareholders aren’t profiting at the same rate they have been previously (or in some cases, not increased profits enough to satisfy).
I ask you this, what is you’re “breaking point”? When your family members start to struggle? When your elderly mother or father calls to tell you they can no longer pay their bills?
At what fucking point do we band together and say enough. We are being divided by the media and turned against each other. This isnt LEFT V RIGHT anymore and it hasn’t been for a long time.
I don’t want violence or rioting by any means, but our right to protest or even speak our mind has been eaten away by the powers that be. I feel like we are being left with no alternative. The government does not speak for us, does not work for us and sure as hell does the bare minimum to help us.
If prosecuting every corrupt politician would collapse the system, good. Thats not my system, nor a system I voted for. I just want hope back, but in this climate, the idea hope seems absolutely hopeless.
/rant – apologies for the subpar grammar.
I remember reading an article that explained how raising the interest rate only affects one of 12 inflationary levers, highlighting what a blunt and basically useless tool it was. This only seems to further emphasise its irrelevance to addressing the problem.
Remember: if you see someone shoplifting groceries, they’re reducing their spending like the RBA wants.
With the rising rates and fuel prices, I’ve finally started cutting down hard on unnecessary expenses.
Streaming is gone. Take out is gone.
This is bullshit.
Once a-fucking-gain, mortgage holders and renters are getting squeezed dry when the main problem, the cashed up boomers gleefully continue to drive around Australia in their 200k LandCruiser and caravan combo and tax dodging, price gouging corporations get to laugh and gouge some more.
Government needs to get their fucking finger out. Negative gearing overhaul, NDIS rorting overhaul, variable GST so **everyone** contributes to lowering inflation for once, tax the absolute fuck out of everyone who has more than 2 properties, actually do something to Colesworth to stop them from price gouging, loads of things that they can do.
But instead they just sit on their hands and let the RBA take the heat.
#DO SOMETHING.
Get fucked. The last one hasn’t even kicked in yet. Fuck you.
Rich get richer, and the poor get poorer. That’s the simple outcome of this.
Just a quick shoutout to the Triple Whammy of 2026:
1. Mortgage repayments that cost more than my first car.
2. Fuel prices that make me want to buy a horse.
3. Grocery bills that require a second mortgage.
My life would have been so much better better if I was just born 5 years earlier
This country has been pounded down by poor tax and immigration settings for the last 2 decades. Excessive immigration has ensured that demand on housing and infrastructure is always high and stretched, unfair tax settings ensure that asset holders of said housing and infrastructure only benefit. It’s not an accident, it is by design.