RBA's Cash Rate decision 3 February 2026

We understand that in the current rate environment, you may be looking for more information and options relating to your loan at Coastline Bank.

Here’s a bit more information about why interest rates are changing and how we can help you during this period…

Why are interest rates changing?

Eight times per year, the Reserve Bank of Australia Board makes a decision on monetary policy.

If it decides a change in monetary policy should occur, it may specify a new target for the cash rate.

Depending on economic conditions at the time, it can decide to ease policy, which is reflected in a new lower target for the cash rate, or it may tighten policy, which means a higher target.

What is Coastline Bank’s decision on the RBA’s increase of the cash rate?

Effective from 16 February 2026, Coastline Bank’s variable interest rate loan products will increase by 0.25%. This rate increase is applicable to all existing variable loans and those approved yet to be funded.

This rate increase is applicable to the below listed Coastline Bank products:

Owner Occupied Products

• 432 – Interest Only (Owner Occupied)
• 480 – Variable Housing Loan
• 481 – Options Home Loan
• 483 – Classic Home Loan
• 508 – Home Equity Access

Residential Investment Home Loans

• 416 – Investment Essentials
• 417 – Investment Options
• 418 – Investment Variable
• 437 – Interest Only (Investment)

Business Loans

• 731 – Interest Only (Commercial)
• 750 – Business SMSF Property Loan
• 755 – Business Residential Mortgage
• 758 – Business Commercial Mortgage
• 759 – Business – General

Why is Coastline Bank passing on the rate changes?

When the target cash rate goes up, it makes borrowing money more expensive. Therefore, the RBA’s decision impacts the amount it costs banks to lend to customers. This in turn, affects the pricing of interest rates on a range of products.

What happens if I am coming off a fixed loan?

If your fixed loan term is about to expire, we will notify you when the time comes. Once it matures, the rate of your fixed loan will automatically revert to our variable Standard Owner Occupied or Investment Loan rate (depending on your product). You may want to talk to us about available options when this happens.

What you can do?

Contact us - We’re here to help, so please reach out to our Customer Support Centre on 1300 361 066 or drop into your nearest Coastline Bank branch and speak to a Home Loan Specialist about what option suits you best.

Ask about Financial Hardship - If you are experiencing Financial Hardship, we have a Hardship Assistance team who are trained to help you. Ask one of our friendly team about our hardship policy and how we may be able to assist or click here for more information.

We appreciate your ongoing support and are focused on helping you find a solution that meets your needs.