Interest rate rises are designed to hurt. But how much is too much?

Interest rate rises are designed to hurt. But how much is too much?

May 7, 2026 · 30 min

About this episode

The episode discusses the implications of recent interest rate rises announced by RBA governor Michele Bullock and questions the extent of their impact on society.

When RBA governor Michele Bullock announced the third consecutive interest rate rise this week, she acknowledged the real-world suffering that would result. But just how much pain is too much? And is there a better way?

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