As widely expected, this week the Reserve Bank of Australia lifted the cash rate again by 0.5 per cent, taking it to 1.85 per cent. This is more than double the 0.75 per cent rate that applied before the pandemic started.

So how high will the cash rate go? In the latest episode of Oliver’s Insights, part of AMP’s Simplifying Investing podcast series, AMP’s Chief Economist, Dr. Shane Oliver, shares his five reasons for why the RBA cash rate is likely to peak with a ‘2’ in front of it.

This episode can be found on your favourite streaming platform, including Spotify, Apple Podcasts and Google Podcasts.

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