The Pain is the Plan
The RBA recently raised interest rates again for the ninth time in a row, in an effort to reduce inflation. But is the pain the interest rate rises causing worth it? And could they do anything else instead?
This was recorded on Wednesday 8th February 2023 and things may have changed since recording.
The Australia Institute // @theausinstitute
Guest:
Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
RBA banks on higher unemployment, more pain
Today’s decision by the Reserve Bank of Australia to keep interest rates on hold will force more Australians into unemployment and, ultimately, into poverty.
Australians still hurting. RBA should keep cutting.
Today’s decision to cut interest rates by 25 basis points is long-overdue good news for struggling home buyers.
Rates are down (Elinor still can’t afford a house)
Rate cuts are great, but the Government needs to make sure that housing investors aren’t the main beneficiaries.