The limitations of central banks and living and developing on floodplains

Interest rates are on the rise not just here in Australia but in
other parts of the globe as central banks and governments grapple
with rising inflation. But what can central banks actually
achieve? Former deputy governor of the Bank of England and now
chair of NatWest Group, Sir Howard Davies discusses. And just as
interest rates keep rising so do water levels. The
Nepean-Hawkesbury valley is once again flooded. Dr Brian Cook
from the University of Melbourne explains how among other
factors, massive changes to land use and economic forces have
disrupted the peak flows of our river systems. So what to do?