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Double pain for Australians as interest rate and oil price hikes bite

Australians are already paying a price for the illegal US-Israel war on Iran, so why did the Reserve Bank double down and raise rates again? On this episode of Dollars & Sense, Greg and Elinor discuss the economic impact of the US and Israel’s war on Iran, the Reserve Bank’s decision to raise interest rates, and why changes to the capital gains tax discount might finally be on the way. This discussion was recorded on Thursday 19 March 2026. What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo, is available now for just $19.95. Use the code 'PODVP' at checkout…

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