RBA hikes rates

The world has changed, but the RBA has not

Would the RBA send Australia into recession?

What happened to 'full employment'?

Petrol price spikes cause higher inflation

There’s a war on Iran choking global oil supplies, an artificial intelligence boom, and a US president torpedoing the global trading system, but inflation simply MUST be normal, according to the RBA.

On this episode of Dollars & Sense, Greg tells Skye that households will struggle “for not much good” because of the Reserve Bank’s latest interest rate hike.

This discussion was recorded on Wednesday 30 September 2026.

Join an outstanding line-up of policymakers, academics and independent experts at the Australia Institute’s Revenue Summit 2026. Tickets are on sale now for the event at Parliament House in Canberra on Wednesday 14 October.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Skye Predavec, Researcher, the Australia Institute // @skyelark

Show notes:

If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line? by Greg Jericho, Guardian Australia (October 2026)

“No data to support this rate rise” – RBA inflicts more unnecessary pain to fix something it can’t control, the Australia Institute (September 2026)

Australia built an illness system, not a health system, Follow the Money, the Australia Institute (September 2026)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au. Subscribe to Dollars & Sense on Apple Podcasts, Spotify, Pocket Casts or wherever you get your favourite podcasts.

There&rsquo;s a war on Iran choking global oil supplies, an artificial intelligence boom, and a US president torpedoing the global trading system, but inflation simply MUST be normal, according to the RBA.
On this episode of Dollars &amp; Sense, Greg tells Skye that households will struggle &ldquo;for not much good&rdquo; because of the Reserve Bank&rsquo;s latest interest rate hike.
This discussion was recorded on Wednesday 30 September 2026.
Join an outstanding line-up of policymakers, academics and independent experts at <a href="https://events.humanitix.com/revenue-summit-2026">the Australia Institute&rsquo;s Revenue Summit 2026</a>. Tickets are on sale now for the event at Parliament House in Canberra on Wednesday 14 October.
Host:&nbsp;Greg Jericho, Chief Economist, the Australia Institute // <a href="https://bsky.app/profile/grogsgamut.bsky.social">@grogsgamut</a>
Host:&nbsp;Skye Predavec, Researcher, the Australia Institute // <a href="https://bsky.app/profile/skyelark.bsky.social">@skyelark</a>
Show notes:
<a href="https://www.theguardian.com/business/grogonomics/2026/oct/01/turbocharged-petrol-prices-driving-inflation-rba-rates-recession-employment">If turbocharged petrol prices are driving up inflation, then why are Australia&rsquo;s unemployed on the line?</a> by Greg Jericho, Guardian Australia (October 2026)
<a href="https://australiainstitute.org.au/post/no-data-to-support-this-rate-rise-rba-inflicts-more-unnecessary-pain-to-fix-something-it-cant-control/">&ldquo;No data to support this rate rise&rdquo; &ndash; RBA inflicts more unnecessary pain to fix something it can&rsquo;t control</a>, the Australia Institute (September 2026)
<a href="https://australiainstitute.org.au/post/australia-has-an-illness-system-not-a-health-system/">Australia built an illness system, not a health system</a>, Follow the Money, the Australia Institute (September 2026)
Theme music:&nbsp;Blue Dot Sessions
We&rsquo;d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to <a href="mailto:podcasts@australiainstitute.org.au">podcasts@australiainstitute.org.au</a>. Subscribe to&nbsp;Dollars&nbsp;&amp;&nbsp;Sense&nbsp;on&nbsp;<a href="https://podcasts.apple.com/au/podcast/dollars-sense/id1717300562">Apple Podcasts</a>,&nbsp;<a href="https://open.spotify.com/show/5FWzwVKWUR2tZCbXSKuBE2?si=1c2f3558cc6d44ab">Spotify</a>,&nbsp;<a href="https://pocketcasts.com/podcast/dollars-sense/9cc37d00-6a4f-013c-9f4c-0acc26574db2">Pocket Casts</a>&nbsp;or wherever you get your favourite podcasts.

Dollars & Sense demystifies the latest economic figures, how they impact you and what they can tell us about the economy, with host with Greg Jericho, Chief Economist at the Australia Institute and author of Guardian Australia's Grogonomics column.

Presented by the Australia Institute.

Dollars &amp; Sense demystifies the latest economic figures, how they impact you and what they can tell us about the economy, with host with Greg Jericho, Chief Economist at the Australia Institute and author of Guardian Australia's Grogonomics column.
Presented by the Australia Institute.

Dollars & Sense

There’s a war on Iran choking global oil supplies, an artificial intelligence boom, and a US president torpedoing the global trading system, but inflation simply MUST be normal, according to the RBA.