What Australians get wrong about interest rates

A brand-new bulletin from the Reserve Bank is out today, capturing how Australians experience and understand the economy. 

And while public awareness for the RBA is high, survey results seem to suggest that people don’t have a great handle on how inflation is affected by interest rates. 

So what problem does this present for the RBA – whose one blunt tool is to toggle rates?

And a new set of draft recommendations from the ASX’s Advisory Group on Corporate Governance raises the question: can diversity targets influence a company’s economic outcome? 

Daniel Ziffer and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.