When the RBA changes the cash rate, banks decide independently whether to pass on the full change, a partial change, or nothing at all. Track recent bank rate movements below.
Banks Passing on Rate Changes
See which banks have changed their home loan rates in last 30 days
Data from the last 30 days • Updated: 19 Mar 2026, 08:56 am
Banks with Rate Hikes
Largest Rate Hike
Average Rate Hike
Total Products
Top 10 Banks with Rate Hikes
| Rank | Bank | Hike Range | Max Hike | Avg Hike | Latest Hike | |
|---|---|---|---|---|---|---|
1 | WestpacMajor Bank 171 products with hikes | 0.20% - 1.70% | +1.70% | 0.24% | 25 Feb 2026 | |
2 | ANZMajor Bank 58 products with hikes | 0.25% - 0.75% | +0.75% | 0.47% | 20 Feb 2026 | |
3 | MOVE BankMajor Bank 21 products with hikes | 0.10% - 0.50% | +0.50% | 0.20% | 2 Mar 2026 | |
4 | IMB BankMajor Bank 38 products with hikes | 0.10% - 0.50% | +0.50% | 0.26% | 25 Feb 2026 | |
5 | Bank of SydneyMajor Bank 32 products with hikes | 0.25% - 0.40% | +0.40% | 0.26% | 18 Feb 2026 | |
6 | BankwestMajor Bank 76 products with hikes | 0.10% - 0.40% | +0.40% | 0.25% | 6 Mar 2026 | |
7 | St.George BankMajor Bank 147 products with hikes | 0.20% - 0.30% | +0.30% | 0.24% | 25 Feb 2026 | |
8 | BankSAMajor Bank 147 products with hikes | 0.20% - 0.30% | +0.30% | 0.24% | 25 Feb 2026 | |
9 | Bank of MelbourneMajor Bank 147 products with hikes | 0.20% - 0.30% | +0.30% | 0.24% | 25 Feb 2026 | |
10 | Bank of Queensland LimitedMajor Bank 2 products with hikes | 0.20% - 0.25% | +0.25% | 0.23% | 3 Mar 2026 |
Data sourced from 5,745 home loan product variations
Showing 3,475 products with rate hikes in the last 30 days
Why Banks Don't Always Pass On the Full Rate Change
Banks consider several factors when deciding how much of an RBA rate change to pass on to customers. Their funding costs, competitive positioning, and profit margins all play a role. Variable rate customers typically see changes within 1-2 weeks of an RBA decision, while fixed rates are influenced by bond market movements and future rate expectations.
Key factors banks consider:
- Cost of wholesale funding from money markets
- Competition from other lenders
- Balance between variable and fixed rate portfolios
- Shareholder return expectations
Explore More About the RBA Cash Rate
Frequently Asked Questions
No. Each bank makes independent decisions based on its funding costs and competitive strategy. Major banks often move in tandem, but smaller and non-bank lenders may differ. It's worth comparing rates after each RBA decision.
