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.
Popular Podcasts
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.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.