Family Finance

Feeling the pinch from the RBA rate rise? You don’t have to settle for a higher rate

The RBA just lifted the cash rate to 3.85%, and if you're on a variable home loan, your lender is about to pass every bit of it on. For families already stretched by childcare, groceries, and the general cost of keeping small humans alive, this is a budget crisis. But here's what most people won't tell you: you have more control than you think. Refinancing your home loan could wipe out the rate rise entirely and then some. And while you're waiting for a broker appointment, there are four household expenses quietly draining your budget that you can cut today, with almost zero effort. Here's exactly what to do.