This week Q+A looks at the cost-of-living crisis, visiting the community of Werribee – a suburb on Melbourne’s western fringe in one of Australia’s fastest-growing regions. Right across Australia, households are grappling with the soaring price of life’s essentials as the nation’s economic woes appear to be mounting. Reserve Bank Governor Philip Lowe admits he’s not sure how high interest rates will go, but he’s warned Australians to brace for inflation to peak at 7 per cent by Christmas. So, just how are families and small businesses coping with the price pressures? Panellists: Brendan O'Connor, Minister for Skills and Training; Bridget McKenzie, Shadow Minister for Infrastructure, Transport and Regional Development; Gabriela D'Souza, Senior Economist, Committee for Economic Development of Australia; Lech Blaine, Writer and journalist; Alexi Boyd, CEO, Council of Small Business Organisations Australia.