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

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

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

Paul Bloxham: HSBC chief economist on the RBA increasing the OCR to 3.85 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/514a59da-630a-4d42-88af-b3e60076b3e9/transcript