07/05/2026
๐จ Major Announcement ๐จ
The RBA has raised the cash rate by 25 basis points to 4.35% โ the third consecutive hike in 2026.
With inflation sitting at 4.6% and rising fuel costs from the Middle East conflict, the RBA is keeping the pressure on.
What does this mean for your mortgage?
On a $1,000,000 variable loan, youโre looking at approximately:
๐ +$150/month in repayments
๐ +$1,800/year extra out of pocket
And thatโs just this hike โ mortgage stress is now projected to affect 1.6 million Australian households.
๐ผ Now is the time to review your financial and tax structure. Bahri Taxation can help you find deductions and strategies to offset rising costs.
๐ 03 7050 9090
๐ง [email protected]
๐ Hallam, Victoria