
RBA Cuts Rates – What It Means
RBA Cuts Rates – What It Means
Big news today – as we expected the RBA has cut the cash rate by 0.25%.
If you’ve got a mortgage, you might be wondering: Will my bank pass on the savings? And when?
Here’s a quick breakdown of what we know so far:
🏦 Lenders passing on the full 0.25% cut:
· NAB – 28 Feb
· CommBank – 28 Feb
· ANZ – 28 Feb
· Westpac – 4 Mar
· Bank of Melbourne, St George, BankSA – 4 Mar
❓ Still waiting for confirmation (but we would expect a full 0.25% cut as well)
· Macquarie, BankWest, Suncorp, ING, HSBC, Bendigo, AMP
How Will This Affect Your Finances?
If your lender passes on the cut, you could save a fair bit. The analysis below suggests the average borrower will save at least $100 a month on home loan repayments. Here’s a breakdown of potential savings:

What Should You Do Next?
💡 Check your rate – If your bank isn’t passing on the cut (or is slow to do so), it might be time to explore better options.
💡 Consider refinancing – A lower rate could mean big savings, message us with "refinance" and we will get your sorted.
💡 Want a review? – To make sure your lender is looking after you, just reply with your current interest rate, and we’ll fire back some comparison rates to help you save more!
Let’s make sure you’re making the most of this!
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