The Reserve Bank governor, Philip Lowe, once suggested interest rates wouldn't rise until 2024, but already this year, they've gone up three times.
We're being warned there could be far worse still to come, which will only add to the financial pain millions of Australians are facing.
Now, the Government's holding a review of the bank, which the Treasurer Jim Chalmers says will dig into just how well the RBA is serving us.
Today, Alan Kohler, on the shake-up he says the bank needs.
Featured:
Alan Kohler, ABC news finance analyst
We're being warned there could be far worse still to come, which will only add to the financial pain millions of Australians are facing.
Now, the Government's holding a review of the bank, which the Treasurer Jim Chalmers says will dig into just how well the RBA is serving us.
Today, Alan Kohler, on the shake-up he says the bank needs.
Featured:
Alan Kohler, ABC news finance analyst
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