Reserve Bank gov Philip Lowe leaves more big rate rises on the table; urges workers to temper wage demands to avoid spiral

After seven months of steep interest rate rises to combat inflation, Reserve Bank governor Philip Lowe warns there are probably more big hikes to come. 

Mr Lowe has also flagged little relief for struggling households, signalling that the switch to renewables will mean higher and more volatile energy prices in the years to come.

He also angered the federal government by suggesting workers should temper their wage demands to avoid a dangerous wage-price spiral.

I speak on AM with Sabra Lane and Tom Oriti on ABC Newsradio