Podcasts Making Money Easy Season 3, Episode 18: Why the RBA thinks rate rises are worth it
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Making Money Easy Season 3, Episode 18: Why the RBA thinks rate rises are worth it

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Interest rates have 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 isn’t 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.