RBA rate rises creating imbalances in society; cheque's not in the mail, to be gone by 2030

After the 12th interest rate rise in 13 months, the pain for Australian borrowers is getting worse and there's little hope of a reprieve in the coming months.

So just when will the Reserve Bank's campaign against inflation end and cost the aggressive rates strategy trigger a recession?

Also, pretty soon the cheque won't be in the mail and Treasurer Jim Chalmers says cheques will be gone from 2030.

I speak on ABC Newsradio with Tom Oriti