David Koch warned that the latest rate rise is draining $450 a month from average household budgets, shifting the nation from a cost-of-living crisis to a "cost of surviving" struggle. 

He broke down why the Reserve Bank should have waited for the Federal Budget and explained the "vicious cycle" that threatens Australian jobs and families.

David Koch warned that the latest rate rise is draining $450 a month from average household budgets, shifting the nation from a cost-of-living crisis to a "cost of surviving" struggle. 
He broke down why the Reserve Bank should have waited for the Federal Budget and explained the "vicious cycle" that threatens Australian jobs and families.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive with Gary Hardgrave

Why David Koch fears the RBA’s 4.35% rate hike will trigger a recession

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/88486981-f75b-4526-a0e1-b441005d3739/transcript