How the Reserve Bank board works - and a what a likely cash rate hike to control inflation means for borrowers

Australians could be paying more for their home loans within days with the Reserve Bank likely to raise official interest rates next Tuesday. 

But how does the sometimes mysterious board of the RBA work and how could its decisions create pain for borrowers who've never experienced a rate rise? 

I have a go at explaining the RBA's machinations when I speak with Sally Sara on The World Today

I also provided this analysis for ABC Listen