With Australia’s inflation figures on the rise, all eyes are fixed on 3 May where the Reserve Bank of Australia will next meet.
The RBA previously suggested it would hold any potential rate hike until after Australia goes to the polls on 21 May, but current conditions may see our central bank act sooner.
So to what extent could the RBA raise interest rates? What are the implications for investors? And are there any political repercussions of raising rates during an election campaign?
In his latest Oliver’s Insights podcast, our Chief Economist Dr Shane Oliver shares his thoughts on how the coming weeks may play out.
Whether you’re an investor or just a curious mind, Dr Oliver answers all your big questions and much more.
This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 28 April 2022. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.