Prime Minister Anthony Albanese has acknowledged another likely rise in interest rates will be difficult for many Australians.
Economists are tipping the central bank to raise the official cash interest rate by 50 basis points when its board meets on Tuesday, taking the rate to 1.85 per cent.
The Reserve Bank of Australia has increased the rate at each of its last three meetings, and Mr Albanese said the rises have had a large impact on people's budgets.
