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Faced with another high inflation result and the likelihood of a rate hike next Tuesday, Treasurer Jim Chalmers calls for "perspective" and points to external factors.
Chris Bishop cited doubts over its benefits and potential environmental effects.
The highest monthly jump since March puts intense pressure on the Reserve Bank to deliver another interest rate increase when it meets next Tuesday.
Inflation has risen to 4.3 per cent, just days before the Reserve Bank's next interest rates meeting.
Australia's inflation rate picked up more than expected in September, increasing expectations of an interest rate hike next week.
<p>CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost-of-living crisis</p><ul><li><p>Follow our <a href="https://www.theguardian.com/australia-news/live/2026/oct/28/inflation-abs-labor-anthony-albanese-parliament-greens-david-shoebridge-one-nation-ntwnfb">Australian politics live blog</a> for latest up
Officials believe there is plenty of time left to tackle inflation, allowing them to avoid making a move so close to an election.
Previsto un fondo di un miliardo per le pensioni anticipate. Meloni: 'Manteniamo gli impegni quadrando i conti'
Headline inflation rose to 0.8 per cent in September, taking annual inflation for 4.3 per cent, up from 4 per cent in August. The local share market has halved its earlier gains. Follow live.
Follow along with our rolling coverage of national and world news here on our live blog.
ANALYSE - Les deux banques centrales devraient laisser leurs taux inchangés cette semaine, sans exclure de nouvelles hausses en décembre. En Europe, la défiance envers la dette française complique la lutte contre l’inflation.
The Australian sharemarket has shed some of its morning gains after the release of the nation’s latest inflation figures increased pressure on the Reserve Bank to lift interest rates at its meeting next week.
Donald Trump Jr. a petrecut două zile în august 2026 la vânătoare în Mongolia cu Umar Kremlev, om de afaceri rus apropiat de structurile de securitate ale Kremlinului şi preşedinte al Asociaţiei Internaţionale de Box (IBA). Este acelaşi oligarh care a contribuit la finanţarea festivităţilor de nuntă ale lui Trump Jr., desfăşurate în mai, în Caraibe, deşi Don
Trump’s combative approach to Canada appears to be softening just days before midterm elections in which tariff-fueled inflation is a primary concern for voters.
On Melbourne Cup day – bet on interest rates rising. It’s a sure thing.
If you are feeling the squeeze at the check-out, official data confirms what your receipt likely shows: prices keep rising. Here are the reasons behind it.
Nuova riunione nel pomeriggio con Meloni. Fonti della maggioranza: 'Al momento la misura non troverebbe posto, mancherebbero le coperture'
Legal row relates to monies lodged to court in battle for Lord of Dance star’s Co Cork mansion
Preşedintele USR, Dominic Fritz, a declarat marţi, despre condamnarea de către AUR a acţiunii de sabotaj coordonate din Federaţia Rusă, că dacă AUR a aflat abia azi cine e agresorul, următorul pas e simplu: să nu mai ducă mai departe mesajele Kremlinului, dacă chiar ţin cu România.
Von Angstsparen wie in Deutschland keine Spur: Trotz Inflation geben US-Verbraucher ihr Geld weiter mit vollen Händen aus. Damit könnten sie das Land vor der Rezession retten.
De man die werd verdacht van betrokkenheid bij de dodelijke explosie aan de Schammenkamp in Rotterdam twee jaar geleden, is vrijgesproken. Tegen de 37-jarige verdachte Jalal O. was door het Openbaar Ministerie zeven jaar cel geëist, maar volgens de rechtbank in Rotterdam is er geen bewijs dat hij verantwoordelijk is voor de explosie. Bij de ontploffing in ee
Central Statistics Office finds renting households experienced inflation rate of 4.3% in September when 4.1% countrywide
Le climat de l'épargne reste pour sa part relativement favorable, même s'il continue de se dégrader.
The American people have a chance to allow the nation to glimpse the end of the Trump era and the start of something brighter.
Readers discuss the federal Coalition’s retreat from its climate policy to fund budget cuts.
La multiplication des offres promotionnelles sur les livrets bancaires est une aubaine pour les épargnants prudents, mais avec la hausse des prix qui ne cesse de s’accélérer, le rendement réel de ces placements n’est pas forcément toujours avantageux.
<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_2542,w_3597/743731' alt='Democratic US Senate nominee Abdul El-Sayed addresses supporters during a campaign rally in Detroit, Michigan, US October 24, 2026. (photo credit: REBECCA COOK/REUTERS)' title='Democratic US Senate nominee Abdul El-Sayed addre
Voters blame Trump, pointing to the Republican president's tariff policies and the war he started with Iran.
Editor’s note: This story contains details of alleged sexual offenses that some readers may find distressing. A witness statement from Russell Brand’s former assistant has painted a picture of what it was like working for him in the noughties, as the Forgetting Sarah Marshall star’s rape and sexual assault trial enters its third week. The […]
One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs
Congress chief appeals to citizens to join INDIA bloc’s Chalo Dilli rally on November 1; Rahul tells traders that Congress’ protest will end in ‘30 seconds’ if govt. sacks Chief Election Commissioner
Markets are pricing in a fifth rate hike next week after the RBA’s chief economist Sarah Hunter told 60 Minutes the bank was “not quite” done with tackling inflation.
Jairam Ramesh shared on X a media report which cited the RBI to state that the prices of certain food items are continuously rising which is impacting the expenses of every household
"Shop-and-play destinations" merge essential buying with entertainment so that families do not feel a need to choose between the two.
De Filipijnse politie bevestigt dat ze een "omvangrijke hoeveelheid beelden van kindermisbruik" gevonden heeft in de woning van Thomas Markle, de schoonvader van de Britse prins Harry. De zaak kwam aan het licht toen Thomas' zoon melding maakte.
JOHOR BAHRU, Oct 25 — A seven-year-old boy died Friday evening after allegedly falling from the 10th floor of a fl...
With two weeks to go until Election Day, some small businesses say they're struggling with high inflation and the Trump administration's tariff policies. While restaurants say they've been hit especially hard, some other businesses say they're expanding. In a new survey, 71% of small businesses told the Chamber of Commerce that they're in good health. Natali
With the U.S. midterm elections looming, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic.
Reports of US escalation plan in Iran send oil prices up again
Amid pay talks between Government and union leaders, Economics and Public Affairs Editor David Murphy asks whether public service wages have kept up with inflation.
Homelessness organisation says occupation preventing it from using apartments to shelter those ‘genuinely in need’
<p>ISLAMABAD: Short-term inflation rose to 11.85 per cent year-on-year in the week ending October 22, driven largely by wheat flour prices, according to <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.pbs.gov.pk/wp-content/uploads/2020/07/Executive-Summary-SPI-Report_22.10.2026.pdf">official data</a> released by the Paki
The September reading puts pressure on the Bank of Japan to raise rates by the end of the year.
BBC Scotland's Tom English reviews another frustrating night in Europe for the Scottish champions.
A “sharp and sustained surge” in global energy or food prices could lift Singapore’s import costs by more than projected, say MAS and METI.
US president’s approval rating has crashed in tandem with the squeeze on households
I copped a complaint from a host once. “My apartment is not a hotel,” they wrote. Well, the price is similar – and now the rules are, too.
Les prix à la consommation hors produits frais ont augmenté de 2,1 % sur un an en septembre contre 1,7% en août, un chiffre conforme aux attentes du marché.
Core inflation, which strips out prices of fresh food, was in line with the 2.1% forecast by economists polled by Reuters.
The rate is up for review next week and is expected to increase, probably by 25 basis points.
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