Teena McQueen on Bernardi

Teena McQueen says another interest rate rise would be the “straw that breaks the camel’s back”.

The Reserve Bank is set to meet on Tuesday to decide whether to raise interest rates or not for the month of November.

This comes after the International Monetary Fund backed the potential decision of the Reserve Bank to raise interest rates again.

“There’s a lot of people just surviving at the moment,” Ms McQueen told Sky News host Cory Bernardi.

“Another interest rate (rise) may just tip them over.”