The Party Room

Inflation slows, but will the RBA still hike rates?

07.27.2023 - By ABC listenPlay

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This week, the annual rate of inflation slowed to 6 per cent, down from the dizzying high of 7.8 per cent in December.  The rate was lower than economists had forecast and welcome news for households, businesses and the government.

But what will it mean for the RBA’s decision on interest rates next month?

And there are allegations government contractors provided suspect payments to Pacific politicians and officials involved in Australia’s offshore detention program in Nauru and PNG.

Jacob Greber, Senior Correspondent with the Australian Financial Review joins Fran Kelly and Patricia Karvelas on The Party Room.

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