As expected, RBA cash rate for September increased to 2.35%

Reserve Bank of Australia

As widely expected, the Reserve Bank of Australia (RBA) today increased the official cash rate by 0.50% to 2.35%.

This brings the total of increases made since May to 2.25% as the RBA continues to battle a very stubborn inflation foe.

In making this latest increase our central bank will have had a close eye on the spiraling cost of living and falling house prices, however has made its intentions to prioritise controlling inflation very clear.

Lenders can set interest rates independently of RBA movements, and their responses to this official cash rate hike may vary.

An AFG broker deals with multiple lenders every day, so they know just how flexible they can be to keep or win your business.

It never hurts to ask the question, so get in touch to review your options.

Broker Technology
Broker Guides

Download your AFG Information Book

Open the book on AFG and find out how we can partner with you to grow your business.

Services We Offer
Featured Post
Featured Calculators
Broker Guides

Customer Experience and Workflow Optimisation

Learn why creating repeatable customer experiences could be your biggest revenue growth opportunity.

The AFG Story

Find out how we’ve been helping Australians find a fairer deal for over 27 years.

How we're helping
Investor
Looking for the right loan?
Choose your loan type and start comparing products from our lender panel, read the latest finance tips and if you’re looking for expert help, we can put you in contact with an AFG Mortgage Broker.

Starting your own mortgage brokerage

Discover everything you need to know in our ebook to take the leap and become a self-employed mortgage broker.