More pain coming as RBA hikes rates again

More pain coming as RBA hikes rates again

From Dollars & Sense by The Australia Institute

May 8, 2026 · 29 min · Season 4 · Episode 119

About this episode

The episode discusses the implications of the Reserve Bank's decision to hike interest rates amidst global economic challenges.

Interest rates won’t affect the global oil price shock brought about by the illegal US war on Iran – so why did the Reserve Bank hike them again?

Topics covered

  • interest rates
  • global oil price
  • Reserve Bank of Australia
  • economic impact
  • financial policy

Keywords

  • interest rates
  • Reserve Bank
  • oil price shock
  • Iran
  • economic policy

Mentioned in this episode

Organizations: Reserve Bank

Places: Iran

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