Forget inflation. Inequality is the real economic problem.

<p>Cost of living pressures and interest rate rises mean that millions of Australians are struggling.</p><p>But what often isn’t acknowledged by the Reserve Bank, its governor, or many of our political leaders, is that some people are doing just fine in these economic conditions – in fact, they can benefit from them.</p><p>Those people are the wealthiest Australians – in particular, people who have paid off their houses and are debt free.</p><p>Today, national correspondent for The Saturday Paper Mike Seccombe on why financial pain isn’t distributed evenly and how rate rises can make tha...