Economists predict the Official Cash Rate will rise today, but opinions differ on whether it'll be a 25 basis point increase, or 50.
Mortgage advisory firm Squirrel Chief Executive, David Cunningham, has penned an open letter to the Reserve Bank Governor saying they shouldn't lift the OCR.
He says the effects of measures already taken are still unrolling.
He told Kerre Woodham his letter is born out of a frustration over economists accepting interest rates must rise more.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.