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The Point recognises the ancestral connections and custodianship of Traditional Owners throughout Australia. We pay respect to Aboriginal and Torres Strait Islander cultures and to Elders past and present.

©2025–2026 The Point, an initiative of The Australia Institute

VIDEO

Brutal interest rate hike won’t address main causes of inflation | Follow the Money

On this episode of Follow the Money, Matt Grudnoff joins Ebony Bennett to discuss the Reserve Bank’s interest rate decision, what’s really driving inflation, who’s benefitting in this economy, how the government can support the Australians who need it most.

Fri 13 Nov 2026 14.51 AEDT

Economy

The Reserve Bank’s fifth interest rate hike of 2026 will hurt Australian mortgage holders as big corporates profit.

On this episode of Follow the Money, Matt Grudnoff joins Ebony Bennett to discuss the Reserve Bank’s interest rate decision, what’s really driving inflation, who’s benefitting in this economy, how the government can support the Australians who need it most.

This episode was recorded on Wednesday 4 November.

Guest: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

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