The RBA has increased the cash rate by 25 basis points
The Reserve Bank of Australia (RBA) has decided to increase the cash rate by 25 basis points, raising it to 4.1%. The RBA aims to maintain consumer price inflation (CPI) within a flexible target range of 2-3%. As of January 2026, the Consumer price index stands at 3.8%. The bank's decision to tighten monetary policy aimed to curb inflation and ensure long-term price stability. Additionally, this decision comes at a time when global economic conditions are fluctuating.
What do cash rate changes mean for you?
The recent decision to increase the cash rate may result in changes to your existing home loan rates. Your bank will directly notify you of any adjustments to your rate. This change presents an ideal opportunity to assess your financial situation and evaluate whether you are optimising the best options available to you.
Email us today to arrange a complimentary review with one of our experienced team members at enquiry@wma.net.au
The Reserve Bank of Australia’s next schedule meeting
Looking ahead, the next meeting is May 4th and 5th, where further monetary policy decisions will be discussed.