Aussie takes a great deal of pride in being a competitive option to the big four lenders and its never an easy or pleasant decision to raise rates out of cycle with the RBA cash movements.  Similarly to other major lenders, the RBA cash rate makes up only a part of our cost of funds. 

Unfortunately we face a situation where pressure from the current and perceived future risks in the funding markets are causing an increase in a number of factors that determine our cost of funds, which typically results in an increase to interest rates beyond RBA movements.