RBA Cash Rate November 2022: Rate Hike Again But When Will It Stop?

While the race that stops a nation will have the eyes of Australians everywhere today, another decision drawing just as much interest has been released.  

In the Reserve Bank of Australia’s (RBA) November release – which happens to coincide with Victoria’s Melbourne Cup Day – Ben breaks down our seventh consecutive rate hike, from the data behind this decision to revealing: How can we – the people – curb interest rates! 

Of course, as Australia’s politics moves as fast as our interest rates, Ben unpacks our newest “reprioritised” Federal Budget, the darkening outlook on global growth and his observations – and predictions — for our Property Market.  

Tune in to hear Ben unpack all this plus these key themes: 

• Global growth outlook continues to sour  
• The RBA is following through on its promise because we continue to spend too much… 
• Politics is a mugs game – there is just one problem – they control the economy 

P.S. If you’re interested in understanding how interest rates and inflation impact you, be sure to listen to Episode 404 | What do Inflation, Interest Rates & Broccoli have to do with Property?! Or Episode 390 | Will Interest Rates CRASH the Property Market?! on The Property Couch’s podcast. 

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

And here are all the time stamps!