DEEP DIVE: Interest rates, inflation and who's to blame?

For the fifth time this year the Reserve Bank has raised interest rates in a bid to combat persistently high inflation.

The move has resulted in a political blame game with the opposition calling for the government to reign in its spending, while the government says international factors are at play.

So what's really going on? And how are you feeling about it?

In this week's deep dive we unpack the reasons for the latest rate rise and hear from young people right across Australia about how inflation is impacting them.

Guests:

• Tim Wilson, Liberal MP, Shadow Treasurer

Get the whole story from hack:

• Follow us on Instagram and TikTok
• Subscribe to the hack podcast
• Listen on the triple j app or on your radio live every weeknight at 5:30pm