11 min listen
How to kill inflation without rate hikes
FromABC News Daily
ratings:
Length:
11 minutes
Released:
Feb 16, 2023
Format:
Podcast episode
Description
The head of the Reserve Bank, Philip Lowe, fronted a Senate hearing yesterday, saying raising interest rates remains the best way to fight inflation.
But is inflicting pain on Australian households with mortgages the only way?
Today, ABC business and economics reporter, Gareth Hutchens, on an ingenious alternative.
Featured:
Gareth Hutchens, ABC business and economics reporter, Canberra
But is inflicting pain on Australian households with mortgages the only way?
Today, ABC business and economics reporter, Gareth Hutchens, on an ingenious alternative.
Featured:
Gareth Hutchens, ABC business and economics reporter, Canberra
Released:
Feb 16, 2023
Format:
Podcast episode
Titles in the series (100)
Alan Kohler on why the RBA needs a shake-up: 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 by ABC News Daily