The Federal Government admits households will feel the sting of the latest interest rate rise with the Reserve Bank increasing its cash rate by 25 basis points to 3.6 per cent.

This is the tenth-rate hike since May last year, in a bid to bring down inflation.

Finance Brokers Association of Australia managing director Peter White told Oliver Peterson on Perth Live the RBA should have tackled the issue of inflation months ago.

The Federal Government admits households will feel the sting of the latest interest rate rise with the Reserve Bank increasing its cash rate by 25 basis points to 3.6 per cent.
This is the tenth-rate hike since May last year, in a bid to bring down inflation.
Finance Brokers Association of Australia managing director Peter White told Oliver Peterson on Perth Live the RBA should have tackled the issue of inflation months ago.

Perth LIVE with Oliver Peterson provides you with everything you need for your run home. If it happens in Perth you will hear it on Perth LIVE.

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