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The unevenness of rate hikes - why the RBA thinks it's worth it

The unevenness of rate hikes - why the RBA thinks it's worth it

FromMaking Money Easy


The unevenness of rate hikes - why the RBA thinks it's worth it

FromMaking Money Easy

ratings:
Length:
19 minutes
Released:
Jun 11, 2023
Format:
Podcast episode

Description

Interest rates has been hiked again. This episode we take a look at the unevenness of the Reserve Bank's main tool to curb high inflation. How are mortgage holders coping and why the RBA is pushing ahead with short term pain, for long term gain. We explain another way to tackle inflation that's NOT interest rates, explain why house prices are rising in the face of rising rates, and why a slowing economy is a good news story. Plus - learn something new: we explain unit labour costs. Who cares you say? Well it's directly linked to you as a worker or as a business owner and the RBA is WATCHING it. ANZ Senior Economist Felicity Emmett and Westpac Group Senior Economist Pat Bustamante join Gillian to explain.See omnystudio.com/listener for privacy information.
Released:
Jun 11, 2023
Format:
Podcast episode

Titles in the series (98)

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.