Interest rates go up... but will it fix inflation?

Reserve Bank Governor Philip Lowe

Reserve Bank Governor Philip Lowe Source: AAP / DAN HIMBRECHTS/AAPIMAGE

SBS News In Depth
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

The Reserve Bank of Australia has lifted the official cash rate by 50 basis points, the fifth consecutive increase in a row.

Share

Latest podcast episodes

Kids participate in swimming lessons at the Lane Cove Aquatic Centre in Sydney (AAP)
Ice caps under threat as the climate warms (AAP)
French Farmers Protest the European Union and Mercosur Free Trade Deal
Labor's Josh Burns wants a bipartisan approach to new hate crime laws (AAP}

Recommended for you

An influenza H3N2 strain virus particle
Oil production in Venezuela
Donald Trump speaks from behind a presidential podium with his hands raised. Behind him are several US flags.
A woman with long black hair, wearing a checkered blazer, is smiling.
A woman holding the Venezuelan flag up in a march
Oil tanker at sea emitting dark smoke from its funnel.
People walking along a busy train platform in a large city.
A high-angle nighttime view of an airfield featuring illuminated hangars and a small private jet, with dark smoke rising from behind the hangars against a backdrop of city buildings.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News
facebook
X (Twitter)
instagram
youtube
tiktok
rss
Download our apps
SBS News
iOSAndroid
SBS Audio
iOSAndroid
SBS On Demand
iOSAndroid
Listen to our podcasts
SBS News Update
An overview of the day's top stories from SBS News
SBS News In Depth
Interviews and feature reports from SBS News
SBS On the Money
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
SBS News in Easy English
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.
Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch nowOn Demand
Watch the latest news videos from Australia and across the world