Could surging inflation pressure Reserve Bank on pre-election cash rate rise?

Surging inflation in the first three months of this year is likely to force the Reserve Bank of Australia to raise interest rates as cost of living pressures run at the fast pace in 14 years. 

AMP Capital Investors chief economist Shane Oliver believes there's a chance the RBA board will hike the cash rate on May 3, rather than waiting until after the election in June.

Also Elon Musk seizes Twitter for US$44 billion.

I speak with Tom Oriti on ABC NewsRadio