RBA moves goalposts and keeps rates on hold

The Reserve Bank’s shock decision not to cut rates will hurt mortgage holders and the economy.

On this episode of Dollars & Sense, substitute Greg (Matt Grudnoff) returns to discuss Trump’s Big Pharma tariffs, the privatisation of childcare, and why the RBA got it wrong in its latest interest rate decision.

This discussion was recorded on Wednesday 9 July 2025 and things may have changed since recording.

Host: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Wrong call – RBA rate hold unfairly dashes borrowers’ hopes for relief, the Australia Institute (July 2025)

How to fix Australia’s broken childcare system so everybody wins by Matt Grudnoff, the Australia Institute (November 2024)

Our PBS is a national treasure, not an international trade barrier, the Australia Institute (April 2025)

Theme music: Blue Dot Sessions

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