What the RBA's rate rise means for the economy, investments and mortgages
SBS Finance Editor Ricardo Gonçalves takes a look at the impact of the RBA's 25 basis point increase to the official interest rate with Shane Oliver from AMP, Henry Jennings from Marcus Today and Sally Tindall from Canstar.
In this episode:
- Why the RBA says inflation remains too high, and the key factors driving its latest rate hike.
- Shane Oliver explains the economic signals that could keep rates on hold, and the risks that could change the outlook.
- What the latest increase means for mortgage repayments, and the options available to borrowers under pressure.
- The savings-rate opportunity savers may want to watch closely as banks respond to the RBA decision.
- Why markets rose despite higher interest rates, and what investors are being told to prepare for next.
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.
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