Is a rate hike now imminent?
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Is a rate hike now imminent?

0:00 Jan 28, 2026
About this episode
Nationals’ leader David Littleproud is set to face a leadership challenge on Monday, with Queensland MP Colin Boyce announcing a spill motion, stating the National party is committing "political suicide" by splitting from the Coalition.Meanwhile, inflation figures for December landing at a much higher than expected 3.8 per cent. The figure raises the likelihood of a rate hike when the RBA meets next week and adds to the cost-of-living challenge facing the Albanese government.Patricia Karvelas and David Speers break it all down on Politics Now.Got a burning question?Got a burning political query? Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.au
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