{video} Australian households are being stretched to the limit by our cost of living crisis and rising interest rates – but the Reserve Bank has some small comfort for those doing it tough. While the RBA is all but certain to hike up the cash rate yet again when it meets next Tuesday, governor Philip Lowe told a UBS panel discussion in Zurich late last week that it wouldn’t be as large as many feared, claiming an interest-rate increase of 0.75 percentage points is “not on the table” this time around. In fact, he said the central bank was not looking to impose any 0.75 percentage rise increases, and in July would ... (full story)