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● BREAKING VIDEO // Foreign Policy 📡 SYDNEY, AUSTRALIA [33.78°S / 151.17°E]

Rate hikes add to Australia's cost-of-living squeeze

Interest rates in Australia are at their highest level in 15 years, putting further pressure on homeowners already struggling with the cost of living. The country's central bank recently hiked rates for the fourth time this year, with further rises not ruled out. Adam Hancock reports from Sydney. (Source: Foreign Policy | Region: Sydney, Australia)

GEOSPATIAL BROADCAST LOCK: SYDNEY, AUSTRALIA (33.78°S / 151.17°E)