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'Designed to cause hardship': why the Reserve Bank isn't done yet

'Designed to cause hardship': why the Reserve Bank isn't done yet

FromABC News Daily


'Designed to cause hardship': why the Reserve Bank isn't done yet

FromABC News Daily

ratings:
Length:
11 minutes
Released:
Oct 5, 2022
Format:
Podcast episode

Description

The barrage of interest rate rises continues, with the Reserve Bank lifting the official rate for the sixth consecutive month. 

The rate rises aim to hold back inflation, but they risk hastening an economic downturn. 

Today, Alan Kohler, on how new home owners are caught in the middle. 

Featured: 

Alan Kohler, ABC TV news finance presenter and editor-in-chief, Eureka Report 
Released:
Oct 5, 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.