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The RBA has hiked interest rates. Use our loan calculator to check how it could affect you

The RBA has lifted rates again after soaring fuel prices pushed up inflation

✍ Andy Ball, Josh Nicholas and Luca Ittimani

🕒 04 May 2026 03:00

The RBA has hiked interest rates. Use our loan calculator to check how it could affect you

www.silverguide.site –

The Reserve Bank hiked interest rates again on Tuesday, after lifting rates in February and March.

In a widely expected move, the central bank raised the cash rate to 4.35%, from 4.1%.

For someone with an average-sized new mortgage of $736,000, paying a typical rate of 5.7%, a rate increase would add about $117 to their $4,272 monthly repayments.

Use this interest rate calculator to see what you might have to pay.

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In total, 2026 is expected to see four interest rate increases.

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