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Rate rise imminent: Inflation figures point to another hike

Simon Beaumont
Article image for Rate rise imminent: Inflation figures point to another hike

Recent inflation figures indicate that persistent price pressures will likely trigger another interest rate hike, further straining household budgets.

Press PLAY to hear Tim Wilson discuss inflation figures and interest rate rises

When 6PR Mornings host Simon Beaumont asked federal shadow treasurer Tim Wilson what the Liberal Party would do differently, Wilson argued that government spending is the root cause.

“At the moment a lot of people are just looking across the landscape and saying where’s the hope, where’s the relief because the government … their spending is driving up inflation and interest rates”, Wilson said.

Image: Hilary Wardhaugh/Getty Images

Simon Beaumont
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