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good evening after devastating parts of the country Cyclone Gabriel is now playing Havoc with attempts to reign in the cost of living crisis The Reserve Bank is tipping more price Rises for food and items that will need to be replaced like used cars and Furniture it came as it raised the official cash rate by another 50 basis points and especially painful blow for mortgage holders whose homes were damaged in the storms heres political editor Jenna Lynch this is the way into Matthew Wilsons house across a stream the the driveway collapsed his access gone property that we cant cant get in there out of hes taken his whole family to his dads place but theres still the mortgage payments for a house he cant live in and today The Reserve Bank Governor whacking another 50 basis points on the official cash rate I think its about its doubling sort of thing the payments on that and then obviously Im facing you know hundreds of thousands of dollars worth of damage that I need to someho
