Australians warned cost-of-living to ‘get even more difficult’

Sky News host Sharri Markson says it looks like cost-of-living in Australia is about to “get even more difficult”. Ms Markson pointed to The Australian’s latest report on the Commonwealth Bank’s rate predictions. “We’re being warned that another interest rate rise is likely,” she said. “The Commonwealth Bank has put a shock rate hike next month on the cards. “They’re saying inflation isn’t going to come down as much as expected.”