RBA rate rises creating imbalances in society; cheque's not in the mail, to be gone by 2030

After the 12th interest rate rise in 13 months, the pain for Australian borrowers is getting worse and there's little hope of a reprieve in the coming months. So just when will the Reserve Bank's campaign against inflation end and cost the aggressive rates strategy trigger a recession? Also Jim Chalmers announces the demise of the cheque and says there'll be history by 2030.