The last 12 months in interest rates, the economy, property and the world — and what each moment meant for your repayments.
Illustrative only — based on a representative variable rate of the cash rate plus a constant ~1.79% margin, anchored to a current 6.14% rate on an $800,000 owner-occupier P&I 30-year loan. Your actual rate and repayment will differ.
Filter by category, switch layout, and explore the moments that moved your repayments.
Fixed rates moved earlier and faster on rising bond yields. AUD ~US$0.70. Next RBA decision 16/06 — economists split.
Down from ~64% a year ago. Rental vacancies tick up from 1.0% to 1.2% — first rise in ~12 months.
From 1 Jul 2027: negative gearing limited to new builds; CGT discount reformed. Existing investors grandfathered.
Fully unwinding the 2025 cuts.
First real sign higher rates are biting the labour market.
Sydney and Melbourne turn negative; northern and western capitals stay positive.
Some pressure off energy markets.
Well above the 2–3% target band.
Citing sharply higher fuel prices.
~20% of world oil flow disrupted. Oil spikes toward US$100–138/bbl.
Replaced with new 15% tariffs. Markets seesaw; bond yields rise.
Loans at 6×+ debt-to-income capped at 20% of new lending.
The reversal begins.
A strong economy pushed inflation — and rates — back up.
Best year since 2021. Perth, Brisbane and Darwin led; Sydney and Melbourne lagged.
The Board warns 'risks to inflation have tilted to the upside.'
Shared-equity scheme: government takes up to 30–40% equity, deposits from 2%.
Inflation comes in 'materially higher than expected.' RBA holds at 3.60%.
Global bond yields drift lower as the Fed eases.
Income caps removed, place cap abolished, price caps lifted (Sydney/NSW to $1.5m). 5% deposit, no LMI.
The easing cycle has stalled. The cash rate sits at its trough.
The deepest cut of the year. Variable rates hit their lowest level since 2023.
After its review, APRA leaves the buffer unchanged: lenders must still assess you at your rate + 3%.
The Board pauses to watch the inflation data after the May cut.
The 2025 easing cycle gets going as the Reserve Bank delivers another cut.
2–3% band shaded. Headline drifted from ~2.1% mid-25 to 4.6% Mar-26.
Source: Cotality (formerly CoreLogic) Home Value Index. Early-2026 growth slowed to +0.3%/mo.
National combined-capitals clearance: ~64% mid-25 → ~51% now.
The Reserve Bank's Monetary Policy Board meets eight times a year. Decisions are announced at 2:30pm AEST.
Tue 11 Aug 2026 at 2:30pm AEST
Source: Reserve Bank of Australia. Dates announced by the RBA; 2027 dates to be added when published.
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