The performance of the Reserve Bank is in the spotlight.

Governor Philip Lowe repeatedly assured Australians that interest rates did not need to rise until 2024, and then they all hit at once.

Australia went from a record low of 0.1% in May last year, to the current rate of 3.35%.

Chairman of the Yellow Brick Road Mark Bouris has defended the criticisms the Governor faces.

See more highlights from Ben Fordham below: