The RBA has hiked the official cash rate by another 25 basis points to 2.60%.

This will increase mortgage repayments by a corresponding amount. The total effect of the rate hike will be felt by December.

If you’re worried about how you’ll meet your repayments in the months ahead, give us a call today. We’d love to sit down with you and help you work out a plan moving forward.

In the meantime, here are some things you can do to ease the pressure on your finances: