The Reserve Bank of Australia started the year off with an increase set to impact mortgage holders.
The RBA increased the official cash rate by 25 basis points to 3.85 percent, citing increased concerns about inflation.
HSBC chief economist Paul Bloxham explained the increase further.
LISTEN ABOVE

Full Show Podcast: 24 April 2026
1:40:00

Perspective with Heather du Plessis-Allan: 'You can’t hate what Jacinda did and then love what Chris Luxon has done'
02:20

Dan Mitchinson: US Correspondent on fuel crisis and rise of 'no-contact'
03:46