Perspective with Heather du Plessis-Allan: When will the screws on the economy start turning?

Best of Business · May 27, 2026 · 2m · transcript

Well, that Official Cash Rate decision is probably one of those moments where you find out whether you're a glass half-full or glass half-empty person.

Because on the bright side, the Official Cash Rate didn’t go up. On the downside, it looks like it’s definitely going up next time. So yes, it’s a reprieve - but it’s only a reprieve for six weeks, excuse me, before the screws on the economy start turning again.

Thanks to the new transparency rules at the Reserve Bank - which, frankly, we should all love - we know that the committee voted and it was split right down the middle. Three members…