It’s been another roller coaster this week for mortgage holders. Reserve Bank governor Michele Bullock issued a stern warning about inflation, before the clouds parted a little when there was a welcome dip in the numbers.

We check in with the state of the economy with senior economics correspondent Shane Wright, before crossing to state political editor Chip Le Grand after quite a momentous week in Victoria.

This week, Jacinta Allan was ousted as premier, with Ben Carroll taking the reins ahead of what is shaping up to be a genuine three-way contest in the November election between the Labor government, the Coalition and One Nation.

Today’s episode is hosted, as usual, by Jacqueline Maley.