Australia will have three more RBA rate hikes this year - that's what Westpac's economic eggheads have predicted this week. Such hikes - tipped for May, June and August - would take Australia's cash rate to a post-GFC record high.
Meanwhile, the fuel price crisis rolls on, but some relief this week with the halving of the fuel excise to save motorists 26cents/litre at the pump for the next three months. But won't this exacerbate inflation, causing interest rates to remain higher for longer?
We also explain the new ban on card surcharges and consider whether this will simply drive merchants to pass more costs onto goods.
Finally, AMP Bank GO's Director John Arnott joins us in the jar to discuss the resurrection of 'basic' savings accounts that don't require savers to jump through hoops in order to earn a decent rate of interest on their savings.
Send in any questions, comments, feedback or savings tips to [email protected].