Earlier this week, the Reserve Bank of Australia raised the cash rate to its highest level in 15 years, saying the measure was taken to control “elevated” inflation. We’re expecting that the RBA could continue to hike prices in the months to come, as a range of factors influence the prices of goods and services here in Australia. In today’s podcast, we’re going to chat through the RBA”s decision, get to understand why it was made and what it says about the state of the economy.

Sign up to TDA's Finance Newsletter here.

Host: Sam Koslowski and Zara Seidler
Producer: Rosa Bowden

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Shot on Fujifilm.

Earlier this week, the Reserve Bank of Australia raised the cash rate to its highest level in 15 years, saying the measure was taken to control &ldquo;elevated&rdquo; inflation. We&rsquo;re expecting that the RBA could continue to hike prices in the months to come, as a range of factors influence the prices of goods and services here in Australia. In today&rsquo;s podcast, we&rsquo;re going to chat through the RBA&rdquo;s decision, get to understand why it was made and what it says about the state of the economy. Sign up to TDA's Finance Newsletter <a href="Finance%20https://finance.thedailyaus.com.au/">here</a>.
Host: Sam Koslowski and Zara Seidler Producer:&nbsp;Rosa Bowden
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.
Shot on <a href="https://www.fujifilm.com/au/en">Fujifilm</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast that breaks down issues important to young people in Australia.