The Reserve Bank cash rate, government bond yields and what they mean for business, truck, equipment and commercial property loans. Updated automatically from RBA data.
Per cent. Each step is a Reserve Bank decision.
Yield by years to maturity, per cent.
Per cent, daily. Fixed-rate business, truck and equipment loans tend to follow the 3-year yield.
| Effective from | Change | Cash rate target |
|---|
| Maturity | Latest | 1 month ago | 1 year ago |
|---|
Rates are moving. Find out what you could borrow and which lenders suit your business before you commit.
Check your optionsSource: Reserve Bank of Australia 2026, statistical tables A2 (Changes in monetary policy and administered rates) and F2 (Capital market yields – government bonds), used under a Creative Commons Attribution 4.0 licence. Bond yields are interpolated yields on Australian Government bonds. Data updates automatically; last retrieved 13 Oct 2026, 4:21pm. Meeting dates from the RBA board meeting schedule. Factor Capital isn’t affiliated with, and this page isn’t endorsed by, the Reserve Bank of Australia.
Important. This page is general information only. It isn’t financial or credit advice or an offer of credit, and the cash rate and bond yields are not loan interest rates. Factor Capital is a trading name of Zinc Finance Pty Ltd (ABN 90 668 675 965). Factor Capital arranges finance for business and commercial purposes only. It does not provide credit assistance for consumer credit regulated under the National Consumer Credit Protection Act 2009 (Cth), including home loans and personal loans.
Updated 3 October 2026. On 29 September the Reserve Bank lifted the cash rate by 0.25 percentage points to 4.60%, its fourth rise this year. Variable-rate business loans, overdrafts and lines of credit usually reprice within weeks. Fixed-rate truck, equipment and vehicle finance you already have isn’t affected, but new quotes will reflect higher funding costs. For commercial property, lenders assess repayments at higher rates, which can reduce how much you can borrow.
If you’re planning to finance equipment or refinance in the next few months, it can pay to lock in approval and pricing before lenders reprice. Check your options or call our team on 0450 745 757.
