RBA's Cash Rate decision 17 March 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.

Why are interest rates changing?

Eight times per year, the Reserve Bank of Australia Board decides on monetary policy.

If it decides that a change in monetary policy is warranted, it may specify a new target for the cash rate.

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

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

On 17 March 2026, the Reserve Bank’s Board voted to increase the cash rate by 25 basis points.

Effective from 2 April 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 cash rate rises, borrowing becomes more expensive. Therefore, the RBA’s decision affects the cost of lending 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 on 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 can you 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 ready to help you. Ask one of our friendly team members about our hardship policy and how we may be able to assist, or click here for more information.

Thank you for your ongoing support. We're focused on finding a solution that meets your needs.