Whoa that was a shock! An RBA rate hike of 0.5% in June. Even the economists are shocked! This episode looks at the Reserve Bank's game plan - to fight inflation because it doesn't want it to get out of control. But there's a fall out - we dive into what that looks like. And we've got the latest forecasts on what the RBA will do next. Plus - how many of us are actually in mortgage stress and is a 'Recession' on the cards - we break down some myths. Also - did the nation's Energy Ministers come up with a plan to help surging power bills? Barrenjoey Chief Economist Jo Masters and CommBank Senior Economist Belinda Allen join Gillian to discuss. Find out more about Gillian here. And don't forget to FOLLOW, RATE and REVIEW the pod in your pod app.

<div>Whoa that was a shock! An RBA rate hike of 0.5% in June. Even the economists are shocked! This episode looks at the Reserve Bank's game plan - to fight inflation because it doesn't want it to get out of control. But there's a fall out - we dive into what that looks like. And we've got the latest forecasts on what the RBA will do next. Plus - how many of us are actually in mortgage stress and is a 'Recession' on the cards - we break down some myths. Also - did the nation's Energy Ministers come up with a plan to help surging power bills? Barrenjoey Chief Economist <a href="https://www.linkedin.com/in/jomasters1/" target="_blank">Jo Masters</a> and CommBank Senior Economist <a href="https://www.linkedin.com/in/belinda-allen-1b322134/" target="_blank">Belinda Allen</a> join Gillian to discuss. Find out more about Gillian <a href="https://linktr.ee/GillianHBowen" target="_blank">here</a>. And don't forget to FOLLOW, RATE and REVIEW the pod in your pod app.</div>

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...

Making Money Easy

Whoa that was a shock! An RBA rate hike of 0.5% in June. Even the economists are shocked! This episode looks at the Reserve Bank's game...

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