Interest rates have hit a 15-year high, with the Reserve Bank hiking the cash rate to 4.6 per cent this afternoon.

Earlier this morning, 3AW host Heidi Murphy said the increase is the last thing Australians need right now.

Press PLAY to hear her explain why she thinks it is time for the government to take responsibility

“Speaking for myself, I cannot cut back any further. I’ve done my bit, it’s time for governments, surely, to do their bit,” she said.

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