Key points
  • The RBA lifted the official cash rate to 4.60% on 29 September 2026. 
  • Borrowers should expect higher repayments in the coming months as lenders pass on the full rate hike.
  • Check back regularly for the latest updates as more lenders reveal their rate changes.

The Reserve Bank of Australia (RBA) has hiked the cash rate by 25 basis points this month, taking it up from 4.35% to 4.60%.  

Savings.com.au will provide rolling updates below of each lender's announcements regarding passing on this September rate hike to variable-rate home loans.

Which banks and lenders are hiking variable interest rates?

All hikes below refer to lenders’ responses to the RBA’s rate hike on 29 September 2026

Key notes:

  • P&I = Principal and Interest, IO = Interest Only, OO =Owner-occupiers
  • Basis points explained:  1 basis point = 0.01%

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AMP Bank interest rate hike

ANZ interest rate hike

Athena interest rate hike (pending)

Australian Military Bank interest rate hike

Australian Mutual Bank interest rate hike

Auswide Bank interest rate hike

Bank Australia interest rate hike

Bank First interest rate hike

Bank of Melbourne interest rate hike

Bank of Queensland interest rate hike

Bank of Sydney interest rate hike

Bank of Us interest rate hike

Bank First interest rate hike

BankSA interest rate hike

BankVic interest rate hike

Bankwest interest rate hike

BCU Bank interest rate hike

Bendigo Bank interest rate hike

Beyond Bank interest rate hike

Commonwealth Bank interest rate hike

Credit Union SA interest rate hike

Defence Bank interest rate hike (pending)

Firstmac interest rate hike

G&C Mutual Bank interest rate hike (pending)

Gateway Bank interest rate hike

Goulburn Murray Credit Union interest rate hike

Great Southern Bank interest rate hike

Greater Bank interest rate hike

Heritage Bank interest rate hike

Homeloans.com.au interest rate hike

Homestar Finance interest rate hike (pending)

Horizon Bank interest rate hike

HSBC Bank interest rate hike

Hume Bank interest rate hike (pending)

IMB interest rate hike

ING interest rate hike

loans.com.au interest rate hike

Macquarie Bank interest rate hike

ME Bank interest rate hike

Mortgage House interest rate hike (pending)

MOVE Bank interest rate hike (pending)

MyState Bank interest rate hike

NAB interest rate hike

Newcastle Permanent interest rate hike

OneTwo Home Loans interest rate hike (pending)

P&N Bank interest rate hike

People First interest rate hike

Pepper Money interest rate hike

Police Credit Union interest rate hike (pending)

QBank interest rate hike

Qudos Bank interest rate hike

RACQ Bank interest rate hike

Reduce Home Loans interest rate hike (pending)

Resimac interest rate hike

St George interest rate hike

State Custodians interest rate hike

Summerland Bank interest rate hike

Suncorp Bank interest rate hike

Teachers Mutual Bank interest rate hike

The Mutual Bank interest rate hike

Tiimely interest rate hike

UBank interest rate hike

UniBank interest rate hike

Unloan interest rate hike (pending)

Up interest rate hike (pending)

Virgin Money interest rate hike

Well Home Loans interest rate hike (pending)

Westpac interest rate hike

Wlth interest rate hike (pending)

Yard interest rate hike (pending)

Yellow Brick Road interest rate hike (pending)

ANZ interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

ANZ home loan rates

Commonwealth Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

Commonwealth Bank home loan rates

NAB interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

NAB home loan rates

Westpac interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

Westpac home loan rates

AMP Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 2 October for new customers; 5 October for existing customers
  • Announcement date: 
  • Other info:

AMP Bank home loan rates

Australian Mutual Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 29 September
  • Effective date: 8 October
  • Other info: 

Australian Military Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 15 October
  • Announcement date: 
  • Other info: 

Auswide Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 1 October
  • Effective date: 8 October
  • Other info: New fixed rates also increase by 10-20 bps from 8 October

Bank Australia interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:
  • Effective date: 15 October
  • Other info: 

Bank First interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 1 October
  • Effective date: 16 October
  • Other info: 

Bank of Melbourne interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

Bank of Queensland interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 2 October for BOQ Classic; 3 October for myBOQ
  • Announcement date: 30 September
  • Other info:

Bank of Queensland home loan rates

Bank of Sydney interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 15 October
  • Announcement date: 
  • Other info:

Bank of Us interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 15 October
  • Announcement date: 2 October
  • Other info:

BankSA interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

BankVic interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date:
  • Other info:

Bankwest interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

Bankwest home loan rates

BCU Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 1 October
  • Other info:

Bendigo Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 7 October
  • Announcement date: 1 October
  • Other info:

Bendigo Bank home loan rates

Beyond Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 
  • Other info:

Credit Union SA interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 8 October
  • Announcement date: 
  • Other info:

Firstmac interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 7 October
  • Announcement date: 
  • Other info:

Gateway Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 
  • Other info:

Goulburn Murray Credit Union interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 6 October
  • Announcement date: 5 October
  • Other info:

Great Southern Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 7 October
  • Announcement date: 
  • Other info:

Greater Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

Heritage Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 
  • Other info:

Homeloans.com.au interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

Horizon Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 12 October
  • Announcement date: 
  • Other info:

HSBC interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 12 October
  • Announcement date: 
  • Other info:

HSBC home loan rates

IMB interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 2 October
  • Other info:

IMB home loan rates

ING Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

ING Bank home loan rates

loans.com.au interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 7 October
  • Announcement date: 
  • Other info:

Macquarie Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 29 September
  • Effective date: 15 October
  • Other info: 

Macquarie home loan rates

ME Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 3 October
  • Announcement date: 30 September
  • Other info:

ME Bank home loan rates

MyState Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 8 October
  • Announcement date: 
  • Other info:

Newcastle Permanent interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 1 October
  • Other info:

Newcastle Permanent home loan rates

P&N Bank interest rate

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 1 October
  • Other info:

Pepper Money interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

People First interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 
  • Other info:

QBank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 15 October
  • Announcement date: 1 October
  • Other info:

Qudos Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 15 October
  • Announcement date: 1 October
  • Other info:

RACQ Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 13 October
  • Announcement date: 30 September
  • Other info: Excludes RACQ Bank Green Home Loan

Resimac Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

St George interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 30 September
  • Other info:

St George home loan rates

State Custodians interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

Summerland Bank interest rate hike 

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 22 October
  • Announcement date: 
  • Other info:

Suncorp Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Current variable-rate home loans
  • Effective date: 9 October
  • Announcement date: 
  • Other info:

Suncorp Bank home loan rates

Teachers Mutual Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 29 September
  • Effective date: 8 October
  • Other info: 

The Mutual Bank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Effective date: 14 October
  • Announcement date: 
  • Other info:

Tiimely interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 2 October
  • Effective date: 9 October
  • Other info: 

UBank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Neat and Flex standard variable home loans
  • Announcement date: 2 October
  • Effective date: 8 October
  • Other info: 

UniBank interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 29 September
  • Effective date: 8 October
  • Other info: 

Virgin Money interest rate hike

  • September 2026 rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 30 September
  • Effective date: 2 October for Reward Me; 3 October for Lite and Loaded
  • Other info: