The Reserve Bank is expected to announce its first interest rate hike in over two years, with the majority of experts forecasting an increase. Treasurer Jim Chalmers addresses criticism that government spending is driving Australia's inflation, which is currently the highest among developed nations with a rate in the threes. The government is defending its fiscal policy while rolling out cost-of-living measures including cheaper medicines, increased bulk billing, student debt relief and tax cuts.

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

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Sunrise

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

Reserve Bank rate hike looms amid inflation debate with Jim Chalmers

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