Moving and shaking - economy-style

<p>There's been a shock move - and it's not Gillian on the dancefloor. The Reserve Bank Board decided to lift rates at its May meeting despite many an economist forecasting a pause. So what's going on - this episode we explain the thinking from the RBA and the impact of the rate hike. Plus, the other big economic 'thing' on the horizon - the Federal Budget. What can we expect and what are economists looking for. Superannuation changes, welfare support and the petroleum resource rent tax (PRRT)* are among some of the measures under the spotlight. Manager Economics, Impact Economics <a href="https://www.linkedin.com/in/emma-grey-4b914b66/">Emma Grey</a> and Barrenjoey Senior Economist <a href="https://www.linkedin.com/in/johnathan-mcmenamin-75573692/">Johnathan McMenamin</a> join <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> to explain.</p> <p>*This episode was recorded, just ahead of the announcement by the Government confirming its changes to the PRRT.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>