Earlier this week, the Reserve Bank of Australia raised the cash rate to its highest level in 15 years, saying the measure was taken to control “elevated” inflation. We’re expecting that the RBA could continue to hike prices in the months to come, as a range of factors influence the prices of goods and services here in Australia. In today’s podcast, we’re going to chat through the RBA”s decision, get to understand why it was made and what it says about the state of the economy.

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Host: Sam Koslowski and Zara Seidler
Producer: Rosa Bowden

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Why are interest rates at a 15 year high?

The Daily Aus

Why are interest rates at a 15 year high?