The Prime Minister has faced pointed questions during a press conference this afternoon after the Reserve Bank of Australia's decision to raise interest rates to 0.35 per cent.

The RBA today increased the cash rate by 25 basis points, which marked the first rate rise in more than a decade, sparking a number of questions for Scott Morrison about the impact this will have on his Federal election campaign.

A reporter asked Mr Morrison if his government has lost this election due to the hikes.

READ MORE: Australia's interest rates increase for first time in 11 years

Mr Morrison scoffed and said: "of course not".

"What today is about is what Australians are seeing as a result of the economy coming out of the pandemic," he said.

Labor has taken the news of the interest rate rise as an opportunity to further needle the Coalition.

"It was hard enough to make ends meet in Australia on Scott Morrison's watch and today it got even harder," shadow treasurer Jim Chalmers said.

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The last time the RBA increased interest rates during a federal election campaign was in 2007 when opposition leader Kevin Rudd was contesting incumbent Prime Minister John Howard.

Mr Howard's Coalition government lost the election by a landslide a few weeks later.

At the time, Mr Howard apologised for the rate rise's impact on mortgage holders.

"I'm sorry about that and I regret the additional burden," Mr Horward said in 2007.

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Today, Mr Morrison was also quizzed on whether he was sympathetic towards mortgage holders.

He responded: "of course, I have sympathy with that".

"We expressed our concern about that with what we did in this year's budget."

A local West Australian councillor's outburst on a Zoom meeting has been captured on camera.

Councillor for Cambridge Rod Bradley appeared to become furious after the group was asked to discuss the payment of an invoice at the end of the four-hour long video call with other councillors.

"I just think that I'm a busy person, I've got a lot of commitments in my life and then you spring this on me at half-past-five in the afternoon before a six o'clock council meeting. I think that's grossly inconsiderate and I can't really participate in this because I haven't had the chance to read it, understand it, or negotiate with any body about what it all means," Mr Bradley said to the rest of the councillors.

READ MORE: RBA increases interest rates for the first time in more than 11 years

"The flipping thing you've popped up. This has happened before. We just don't need this. We just don't need it. I have trouble coping with it when you come along and say 'oh we're going to do this'. Well no sorry I'm not going to participate in this nonsense."

"Crikey I don't know somebody's slack on this," Mr Bradley went on.

"They're trying to manipulate us.

"I can't cope with this. This is a complete nonsense."

When Cambridge Mayor Keri Shannon asked him to stop speaking Mr Bradley ignored her and kept talking.

"I don't care. It's wrong," he yelled and banged his fist against a desk, which made a loud thudding noise.

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"It's bloody wrong," he said as he continued banging causing his screen to shake.

"Councillor Bradley you're being ridiculous now," Ms Shannon said.

"I think we might just shut down Councillor Bradley's speaker for a second. It's just really another desk banging exercise. I don't think we need it," she said.

"You're acting like a child."

"Please just turn off your microphone Councillor Bradley."

But he refused.

"No I won't," Mr Bradley said.

And he also began flicking what appeared to be a lamp on and off to create a flashing sensation.

In an interview later on today with WA's 6PR, Mr Bradley said the council payment matter should have been pushed to the next month.

"I don't think that's any sort of way to run a business, let alone a local government," Mr Bradley said.

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New data from the Climate Council has predicted Queenslanders will be the worst affected by rising insurance costs, with 6.5 per cent of homes, compared to four per cent nationally, expected to be classified as "high risk" by 2030.

According to the modelling, increased frequency of extreme weather events like fires and flooding triggered by a warming climate will put more homes in the firing line, with 200,000 Queensland homes expected to be uninsurable within 10 years.

Queensland grandmother Lorraine Ormond has already been displaced by multiple flood events, losing her home in both the 2011 and 2022 floods.

READ MORE: Millions braced for mortgage pain, first rates rise in a decade

After losing her Goodna home in 2011, her insurers fought her claim for compensation and won, leaving her to clean up the aftermath.

This year, the uninsured home was destroyed again, forcing the grandmother to live in a rented caravan with her nine-year-old granddaughter, relying on donations from friends for a roof over her head.

"It's really hard, especially with the little one all you want is to get her back inside, get her comfortable," Ms Ormond said.

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"I think it's just the devastation and how am I going to fix this up and how am I going to replace it.

"If we had our way, we'd be doing it through insurance, we wouldn't be waiting for basically handouts.

"We don't want handouts, we want to be able to insure. But we can't."

The Climate Council mapped out at-risk areas for riverine flooding, surface water flooding, coastal inundation, fire and extreme wind.

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The mapping shows if the country's emissions outputs don't change, 100 per cent of the homes in most Queensland suburbs will be at risk by 2100.

Nicki Hutley from the Climate Council said acting on emissions targets now is the only way to save countless homes down the track.

"This is the critical decade, to stop the outcomes that are forecast in our map," she said.

"For 2050 and 2100, we don't wat to see this get any worse than it already is."

Ms Ormond said further price hikes for disaster vulnerable regions will cause further devastation for those already struggling to insure their homes.

"Basically for the average person you can't afford insurance," she said.

"I think its horrible and I think something has to be done… there's gonna be a lot of people who are struggling."

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