There's been a shock move - and it's not Gillian on the dancefloor. The Reserve Bank Board decided to lift rates at its May meeting despite many an economist forecasting a pause. So what's going on - this episode we explain the thinking from the RBA and the impact of the rate hike. Plus, the other big economic 'thing' on the horizon - the Federal Budget. What can we expect and what are economists looking for. Superannuation changes, welfare support and the petroleum resource rent tax (PRRT)* are among some of the measures under the spotlight. Manager Economics, Impact Economics Emma Grey and Barrenjoey Senior Economist Johnathan McMenamin join Gillian to explain.

*This episode was recorded, just ahead of the announcement by the Government confirming its changes to the PRRT.

<p>There's been a shock move - and it's not Gillian on the dancefloor. The Reserve Bank Board decided to lift rates at its May meeting despite many an economist forecasting a pause. So what's going on - this episode we explain the thinking from the RBA and the impact of the rate hike. Plus, the other big economic 'thing' on the horizon - the Federal Budget. What can we expect and what are economists looking for. Superannuation changes, welfare support and the petroleum resource rent tax (PRRT)* are among some of the measures under the spotlight. Manager Economics, Impact Economics <a href="https://www.linkedin.com/in/emma-grey-4b914b66/">Emma Grey</a> and Barrenjoey Senior Economist <a href="https://www.linkedin.com/in/johnathan-mcmenamin-75573692/">Johnathan McMenamin</a> join <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> to explain.</p>
<p>*This episode was recorded, just ahead of the announcement by the Government confirming its changes to the PRRT.</p>

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know...

Advertisement