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Interest rates keep rising, who is feeling the pinch?
Podcast |
Full Story
Publisher |
The Guardian
Media Type |
audio
Podknife tags |
Australia
News & Politics
Categories Via RSS |
News
Publication Date |
Sep 08, 2022
Episode Duration |
00:17:53
The Reserve Bank has raised interest rates for five months in a row, in its most aggressive move since 1994. In the middle of a cost of living crisis, many Australians are struggling. Real wages have fallen, household savings are dwindling, and now home owners are feeling the crunch as their mortgage payments skyrocket. In this episode of Full Story, Gabrielle Jackson talks to Patrick Keneally and Bonnie Malkin about what central banks and governments can do to battle inflation, and ease cost of living pressures

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