Surging oil prices drive jump in Australian inflation amid fresh interest rate hike fears
3 sources·Updated September 30, 2026
Australian inflation
Covered by 3 sources
- The Conversation AU·5h agoInterest rates have hit their highest level since 2011. The pain will feel different in 2026
The Reserve Bank this week lifted the cash rate another 0.25 percentage points to 4.6% – its fourth increase this year and the highest it has been since 2011. The bank pointed to stronger-than-expected inflation at home, alongside much higher global energy prices as conflict in…
Read at The Conversation AU → - Guardian Australia·6h agoInflation leaps to 4% stoking fears of fifth interest rate hike before Christmas
Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5% Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Inflation has jumped to 4% in…
Read at Guardian Australia → - The West Lifestyle·9h agoSurging oil prices drive jump in Australian inflation amid fresh interest rate hike fears
Just a day after announcing a fourth interest rate hike in 2026, the Reserve Bank of Australia has received a critical inflation figure.
Read at The West Lifestyle →
