June 2023 Mortgage & Property Update: Cash Rate 4.10%

June 2023 rate watch: The policy rate moved up by 0.25 percentage points to 4.10%.

Repayment shock became mainstream, especially for borrowers rolling off low fixed-rate terms.

Broker takeaway: Refinance triage with evidence-ready files became one of the highest-value services for households and business owners.

This article is general information only and does not constitute personal financial advice.