05/05/2025

Australia’s High Inflation: Government vs. Reserve Bank on Interest Rates

Dr. Craig Heilmann breaks down Australia's ongoing economic challenges, moving from Olympic glory to financial strain. With inflation still running high, Treasurer Dr. Chalmers is in a standoff with the Reserve Bank over rising interest rates and government spending. While Australia tries to rein in inflation, Dr. Craig explores the debate over who’s really to blame – the government or the Reserve Bank – and how these economic pressures are impacting businesses and individuals in Australia.

Previous

Aussie News Stories: Tough Times for Business, Low Morale in the Armed Forces, Lots of Broken Gnomes

Next

Protests Amid Israel-Gaza Conflict