<p>The Reserve Bank has increased the cash rate to three-point-eight-five per cent, in its first rate rise in more than two years. The government has argued that private spending is the driver of higher inflation.</p><p>The Shadow Treasurer joins the program to respond to those comments.</p><ul><li>GUEST: Ted O'Brien, Shadow Treasurer</li><li>PRODUCER: Isadora Bogle</li></ul>

The Reserve Bank has increased the cash rate to three-point-eight-five per cent, in its first rate rise in more than two years. The government has argued that private spending is the driver of higher inflation. The Shadow Treasurer joins the program to respond to those comments.GUEST: Ted O'Brien, Shadow TreasurerPRODUCER: Isadora Bogle

Shadow Treasurer refuses to accept government's argument on inflation

Radio National Breakfast is Australia's only daily national radio current affairs program, synonymous with agenda-setting news coverage, breaking news and a place where you will hear the most significant stories impacting the lives of all Australians wherever they live.

The full unedited daily program is available on our website at: 

abc.net.au/listen/programs/radionational-breakfast/

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Radio National Breakfast is Australia's only daily national radio current affairs program, synonymous with agenda-setting news coverage, breaking news and a place where you will hear the most significant stories impacting the lives of all Australians wherever they live. The full unedited daily program is available on our website at: abc.net.au/listen/programs/radionational-breakfast/

Radio National Breakfast is Australia's only daily national radio current affairs program, synonymous with agenda-setting news coverage, breaking news and a place where you will hear the most significant stories impacting the lives of all Australians wherever they live.

The full unedited daily program is available on our website at:&nbsp;

abc.net.au/listen/programs/radionational-breakfast/

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Shadow Treasurer refuses to accept government's argument on inflation

Shadow Treasurer refuses to accept government's argument on inflation

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