The cost of living crisis has been crushing countless Australians, emotionally and financially, for more than a year now. 

Nearly every day, we read stories about the social avalanche that’s been set off by this crisis. About how the staggeringly high cost of petrol, groceries and rent is leading many young Australians to take insecure employment, instead of further study, in order to support their families. About those now putting off having children or becoming homeless, thanks, in part, to a dozen interest rate rises over the last 14 months.

But now, we’ve got a new incoming governor of the Reserve Bank of Australia. And many are pinning their hopes that these stresses might soon ease once Michele Bullock leads our economy.

Today, senior economics correspondent Shane Wright on what a new governor might mean for our stress levels, and our ability to put food on our tables.

The cost of living crisis has been crushing countless Australians, emotionally and financially, for more than a year now. 
Nearly every day, we read stories about the social avalanche that’s been set off by this crisis. About how the staggeringly high cost of petrol, groceries and rent is leading many young Australians to take insecure employment, instead of further study, in order to support their families. About those now putting off having children or becoming homeless, thanks, in part, to a dozen interest rate rises over the last 14 months.
But now, we’ve got a new incoming governor of the Reserve Bank of Australia. And many are pinning their hopes that these stresses might soon ease once Michele Bullock leads our economy.
Today, senior economics correspondent Shane Wright on what a new governor might mean for our stress levels, and our ability to put food on our tables.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

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