Impacts of the RBA rate cut

About this post

The RBA cut the cash rate to a new record low of 1.75 per cent today on the back of last week's shock inflation figures which for the first time in 8 years, saw the price of everyday goods go down.

It's now up to each lender to pass this cut on - either in part or in full. Find out what this could mean to your variable home loan repayments using our chart below.

Impacts of a rate cut - national overview


Impacts of a rate cut - state by state breakdown


  • Calculations are based on a 30 year loan, starting at the current average variable rate of 4.65%, rounded to the nearest cent. 
  • Average loan sizes are based on ABS figures for Feb 2016

A list of lenders who have moved is here.
Compare all variable rates here.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.