<p>When RBA governor Michele Bullock announced the third consecutive interest rate rise this week, she acknowledged the real-world suffering that would result.</p><p>But just how much pain is too much? And is there a better way?</p>

When RBA governor Michele Bullock announced the third consecutive interest rate rise this week, she acknowledged the real-world suffering that would result. But just how much pain is too much? And is there a better way?

Interest rate rises are designed to hurt. But how much is too much?

Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.

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Interest rate rises are designed to hurt. But how much is too much?

Interest rate rises are designed to hurt. But how much is too much?

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