The number of new jobs that popped into the Australian economy in June was a surprise. One of our economists this episode has even described the result as 'stellar'. So the big question - will all these extra jobs and the money they deliver consumers, help or fuel inflation? We take a look. We also reveal WHO will lead the Reserve Bank going forward. What are her views on interest rates and inflation? How will the RBA look different? What is the job ahead? Plus - intel on when the next rate rise will be and the coming CUTS. And we go beyond the headlines when it comes to the cost of living crisis - thanks to data from Australia's biggest bank. Who is floundering? Who has all the savings? And WHAT are the big events we just can't help but spend on. CommBank Chief Economist Stephen Halmarick and RBC Capital Markets Chief Economist Su-Lin Ong join Gillian to explain.
How the Reserve Bank overhaul will impact you