How much has buyer borrowing capacity dropped in Melbourne after two rate rises in 2026?
A median income household in Australia lost approximately $18,000 in borrowing capacity from the February 2026 rate hike alone (Cotality). With the RBA raising the cash rate twice in early 2026 to reach 4.10%, variable interest rates for many borrowers are now pushing above 6% as of April 2026. The February and March 2026 cash […]