18 Lenders Cut Rates — The RBA Already Lost Control

The banks just called the RBA’s bluff. Since the Reserve Bank hiked rates in May, 18 separate lenders have cut their variable rates — and that’s before any official rate cut. This is a rate war, and it tells you far more about where the market is headed than the headlines do. The smart money is already moving. → 18 lenders cut variable rates since the May hike → 40 lenders now advertise a variable rate under 6% → Bendigo dropped to 5.89% → The cheapest advertised rate in the country is 5.69% → APRA arrears on home loans 30 to 89 days behind sit at 0.49% → Investor loans with debt-to-income above six rose from 8.2% to 10.8% in a year What matters for property investors is simple: banks don’t start competing this hard unless they believe borrowers can still service debt and demand is resilient. That is exactly the kind of environment where professional data and a buyers agent matter. Download our no-cost Top Five Markets Report 2026 → https://ripe.house/five-markets Subscribe for more data-led Australian property analysis. #AustralianProperty #PropertyInvesting #BuyersAgent #RBA #HomeLoans #PropertyMarketAustralia This video is general information only and not financial or investment advice. Consider your own circumstances and seek professional advice. ▶ Watch next: 1,533 Sales Say Property Isn't Dead — It's Misread    • 1,533 Sales Say Property Isn't Dead — It's...