Finance Australia :: News
SHARE

Share this news item!

Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases

How Rate Money's Modest Rate Hikes Benefit Borrowers

Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a move that sets it apart from major lenders, non-bank lender Rate Money has announced a modest increase in its variable interest rates by only 15 to 20 basis points on select loan products.
This decision comes as many financial institutions implement the full 25 basis point hike following the RBA's recent cash rate increase.

Rate Money specializes in providing loans for self-employed individuals, a demographic often underserved by traditional banks. By limiting the rate increase, Rate Money aims to offer more affordable financing options to this segment, acknowledging the financial pressures posed by rising inflation and living costs.

CEO Ryan Gair emphasized the company's commitment to supporting borrowers during challenging economic times. He noted that while the economy remains relatively strong, the rising cost of living is stretching household budgets, making it essential to provide competitive loan products.

For self-employed Australians seeking financing, Rate Money's approach offers a more manageable repayment structure compared to the broader market. Prospective borrowers are encouraged to explore these options and consider how such tailored products can align with their financial goals.

Published:Saturday, 21st Feb 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Reserve Bank of Australia Increases Cash Rate to 3.85%
Reserve Bank of Australia Increases Cash Rate to 3.85%
21 Feb 2026: Paige Estritori
The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25 percentage points to 3.85%, marking the first increase in two years. This decision comes in response to rising inflation and aims to curb escalating consumer prices. - read more
Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases
Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases
21 Feb 2026: Paige Estritori
In a move that sets it apart from major lenders, non-bank lender Rate Money has announced a modest increase in its variable interest rates by only 15 to 20 basis points on select loan products. This decision comes as many financial institutions implement the full 25 basis point hike following the RBA's recent cash rate increase. - read more
Australian Personal Loan Borrowing Reaches Record Levels
Australian Personal Loan Borrowing Reaches Record Levels
21 Feb 2026: Paige Estritori
Recent data reveals that Australians borrowed approximately $9.3 billion in fixed-term personal loans during the September quarter of 2025, marking a significant increase in personal loan borrowing. The average new personal loan amount stood at $22,643, reflecting a growing reliance on personal loans for various financial needs. - read more


Finance Articles

The In-Depth Guide to Boat Loans in Australia: What You Need to Know Before Diving In
The In-Depth Guide to Boat Loans in Australia: What You Need to Know Before Diving In
Australia, with its expansive coastline and spectacular waterways, naturally cultivates a rich culture of marine enthusiasts. Imagine the salty breeze on your face as you slice through waves, the call of seabirds overhead, and the freedom to explore hidden coves and beaches – this is the quintessential Australian boating lifestyle. - read more
An Insider's Guide to Enhancing Your Credit Profile for Any Loan
An Insider's Guide to Enhancing Your Credit Profile for Any Loan
Having a robust credit profile is one of the most critical factors for financial health, especially when seeking loans in Australia. Whether you're eyeing a new car, dreaming of a home or simply want to secure a personal loan for unexpected expenses, your credit score often dictates the outcome. Not only does it influence a lender's decision to offer you finance, but it also affects the interest rates you might be charged. - read more
How to Improve Your Chances of Getting a Business Loan Approved
How to Improve Your Chances of Getting a Business Loan Approved
Welcome, Australian entrepreneurs and business owners! Whether you're just setting down the foundation of a startup or steering a well-established enterprise, access to capital remains a critical ingredient for business growth and survival. In the bustling economy of Australia, a well-structured business loan can be the catalyst that propels your business forward, aiding in expansion, the acquisition of new equipment, or simply ensuring smooth operational cash flow during lean periods. - read more


Free Loan Eligibility Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Bear Market:
A market condition where the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining.