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Alan Kohler on why the RBA needs a shake-up

Alan Kohler on why the RBA needs a shake-up

FromABC News Daily


Alan Kohler on why the RBA needs a shake-up

FromABC News Daily

ratings:
Length:
11 minutes
Released:
Jul 25, 2022
Format:
Podcast episode

Description

The Reserve Bank governor, Philip Lowe, once suggested interest rates wouldn't rise until 2024, but already this year, they've gone up three times. 

We're being warned there could be far worse still to come, which will only add to the financial pain millions of Australians are facing. 

Now, the Government's holding a review of the bank, which the Treasurer Jim Chalmers says will dig into just how well the RBA is serving us. 

Today, Alan Kohler, on the shake-up he says the bank needs. 

Featured: 

Alan Kohler, ABC news finance analyst
Released:
Jul 25, 2022
Format:
Podcast episode

Titles in the series (100)

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily.