RBA Just Raised Rates Again! Here’s What It Means for Your Mortgage

RBA Cash Rate announcement May 2026

The cash rate is now 4.35% — the third hike in 2026. If you’re on a variable rate loan or actively buying property, this decision affects your repayments right now. Here’s what changed, who it hits hardest, and three things worth doing before your lender sends you the letter.

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