The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.

This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.

Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East. 

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The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.
This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.
Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Murray Olds: Australian correspondent on the RBA hiking the OCR up again amid inflation concerns

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e31c00ad-8bc2-4b50-a23a-b41000500d23/transcript