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Hike Cycle Active
The RBA has hiked +50bp in 2026 (Feb & Mar). Two consecutive hikes signal an active tightening cycle — another +25bp at May 2026 is the most likely next move based on current inflation and spending data.
Select a scenario
Rate cuts
Your loan amount
$600,000
$100k$2m
Remaining loan term
25 years
5 yrs30 yrs
Frequency
2026 RBA meeting dates
18 Feb
+25bp hike
18 Mar
+25bp hike
5 May
May
8 Jun
Next meeting
8 Jul
July
5 Aug
August
16 Sep
September
3 Nov
November
The RBA meets 8 times per year. Rate changes take effect the day after the announcement at 2:30pm AEST. Variable mortgage repricing typically follows within 2–4 weeks.
Scenario result
No change — hold at 4.35%
Current repayment
$0
at 6.85% variable
→
Scenario repayment
$0
at 6.85% variable
No change in repayments
Impact across loan sizes — fortnightly
Loan size
Current
Scenario
Change
$400,000
—
—
—
$600,000
—
—
—
$800,000
—
—
—
$1,000,000
—
—
—
$1,500,000
—
—
—
RBA cash rate — history + scenario
Annual saving/cost
$0
on your loan size
Scenario rate
4.35%
RBA cash rate
Variable mortgage
6.85%
avg variable rate
Principal and interest, standard variable rate (RBA cash + 2.5% spread). Excludes offset accounts, fixed-rate periods, and lender-specific pricing. Assumes full pass-through. Not financial advice.