The Reserve Bank has increased the official cash rate by 0.25% at its May meeting.
EY Oceania Chief Economist Cherelle Murphy tells Sean Aylmer why the RBA had no option but to increase rates, and what it means for businesses and homeowners.
FEAR & GREED | Business News
3,264 clip(s)
Afternoon Report | ASX tumbles on US growth
BHP bids $60b for UK miner; no rate cuts this year; Qantas, Virgin finally arrive on time
Interview: A lap of the map in an EV