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. 

LISTEN ABOVE

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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/0ee29367-abd7-4a4b-85ce-b410005006e6/transcript