A Former RBA Economist agrees with the RBA’s policy to keep increasing interest rates to combat inflation.

The Chief Economist, Peter Tulip at the Centre for Independent Studies told Chris O’Keefe believes more interest rate rises are necessary.

“There’s a lot of danger on inflation remaining too high for too long, so my personal view is that the RBA needs to keep doing more,” Peter Tulip said.

Chris O’Keefe: So you’re advocating for people to lose their jobs?

Peter Tulip: I’ll be blunt and honest, yes.

He argues that employment growth needs to slow down so that the unemployment rate goes to a more sustainable level.

The CEO and founder of Freedom Property Investors, Scott Kuru also revealed to Chris that amid interest rates going up, there are a lot of Aussies wanting to buy property right now.

“There are many suburbs that are undergoing a huge property boom right now, ” Scott Kuru added.

See more highlights from Chris O’Keefe below:

Image: Lisa Maree Williams/Getty