Unless you’re living under a rock, you’ve heard of the recent hike in RBA interest rates. But let’s face it, with the cost of housing as it is, living under a rock is looking more and more likely. These increases are a measure to curb spending to bring down inflation, but the RBA is secretly hoping something else will happen …. and that’s for you to lose your job. So do we really need inflation to be below 3%? And in a cost of living crisis, why is it better to have higher unemployment?
Guest: Richard Aedy from The Money
