Rate rises, house prices and Australia's inequality problem

The reserve bank has raised interest rates again this week, taking them to a nine-year high. The rise will further increase the cost of mortgages, and hit the most vulnerable borrowers the hardest: the younger households that have struggled to get into the housing market.

Culture news editor and columnist for The Age and the Sydney Morning Herald, Osman Faruqi joins digital foreign editor Chris Zappone to discuss how generational inequality has become exposed by the RBA’s latest moves. 

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