
Wednesday Headlines:
- RBA lifts rates again, sparks fears of a looming recession
- Hanson-Young and Faruqi to make another tilt at the Greens leadership
- Home Affairs orders AI safety review of government systems
- Lindsay Clancy's lawyer questions whether she killed her children
- Socceroos go down to Brazil
Deep Dive: The Reserve Bank has delivered another blow to struggling households by lifting the official cash rate to a 15-year high of 4.6% in its ongoing bid to tame sticky inflation.
With growing frustration over the central bank's strategy, critics are questioning whether mortgage holders should continue bearing the brunt and if government spending is playing a bigger role than politicians care to admit.
In this episode of The Briefing, Economic Director at Compare the Market, David Koch, joins Sacha Barbour Gatt to explain the other tools that could be used and explain why households shouldn't be shouldering the burden of stubborn inflation.
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