Is Another Rate Rise Coming? What Tuesday's RBA Decision Means For Your Mortgage | OD #31

The cash rate is sitting at 4.6%, the highest since 2011, after four RBA hikes this year. With another decision landing on Melbourne Cup Day, are we about to get hit with a fifth? This episode breaks down what the data says, what the banks are predicting, and what it means if you're holding or buying property right now. In this episode: • September inflation: headline 4.3% and a trimmed mean of 1% for the quarter, above forecast • Why ANZ and Westpac were tipping a hike while CBA and NAB were calling a hold • What another 25 basis points costs on a $700,000 loan (roughly $107 a month) • How every hike quietly shrinks your borrowing power • Three things to do now: stress test your budget, call your lender about the loyalty tax, and run investment numbers at a higher rate • Why fewer buyers can mean more negotiating power for investors Rates go up and rates come down. Buy well, hold well, and make sure you can sleep at night while you do it. Thinking about buying property? Book a free strategy call with Asset Road: https://www.assetroad.com.au Follow us on Instagram @oscardonproperty and @assetroad for daily property insights. General information only. Nothing in this episode is personal financial advice. Consider your own circumstances and get professional advice before acting.