Prepare for a bumpy path ahead. That's the message Reserve Bank Governor Michele Bullock wants Australians to hear despite the RBA keeping the cash rate on hold. It's currently at 4.35 per cent and has been steady since last November. But it's a far cry from where rates were sitting in 2022 at a record low of just 0.1 per cent.

For more, the executive chairman of Yellow Brick Road Home Loans Mark Bouris joins.

See omnystudio.com/listener for privacy information.