13 interest rate rises since May 2022 have, it seems, taken their toll on the national economy.

Figures out today show Australia’s economy grew at just point-one-of-a-percent from January to March, and one-point-one percent over the year.

That's Australia's lowest annual economic growth rate since the start of the pandemic.

The GDP number coincided with RBA Governor Michelle Bullock fronting up to a senate committee hearing earlier in the day to answer questions on how the central bank proposes to nurse the economy through what is a challenging time.