Another interest rate rise is possible in November – but there are steps you can take now to protect your household budget.
 
The Reserve Bank of Australia (RBA) raised the cash rate again in late September, prompting lenders across the market to increase their variable mortgage rates.
 
That was the fourth increase of 2026, and persistent inflation means another rise at the RBA’s 3 November meeting remains possible.
 

Five things worth checking now

  1. Your interest rate. Is it still competitive, or could another lender offer a better deal?
  2. Your repayments. Calculate what another 0.25-percentage-point increase would mean for your budget.
  3. Your cash buffer. Could you cover unexpected expenses alongside higher repayments?
  4. Your offset account. Are you making full use of any interest-saving features?
  5. Your loan structure. Would refinancing or changing your repayment arrangements make sense?
Another rate rise isn’t guaranteed, but there’s no harm in being prepared.
 
Get in touch, and I’ll help you assess whether your current mortgage is still competitive and how you could manage higher repayments.