How the Big Four are making bank in a cost-of-living crisis

The day after the Reserve Bank of Australia raised interest rates for the thirteenth time, Australia’s major banks started reporting huge profits. And it’s not just banks that are doing well, with some older Australians ‘living large’ at a time when many are struggling to pay their mortgage and their rent. Guardian Australia’s senior business reporter Jonathan Barrett speaks to Jane Lee about the great divide in Australia’s economy You can subscribe for free to Guardian Australia’s daily news podcast Full Story on Apple Podcast, Spotify and Google podcasts