Australian inflation hits 4.3% as RBA rate-rise expectations grow

Australian inflation hits 4.3% as RBA rate-rise expectations grow

Australian inflation rose to 4. 3% year-on-year in September, prompting most economists to anticipate a 25-basis-point increase in the Reserve Bank of Australia's cash rate at its upcoming meeting. The data, released alongside an underlying inflation rate of 3. 6%, kept inflation above the RBA’s 2-3% target and reinforced expectations of further tightening.

Earlier in the month, RBA assistant governor Dr Sarah Hunter defended recent rate hikes as the most effective tool to curb inflation, acknowledging the strain on mortgage borrowers and noting the limited impact of government spending. She told 60 Minutes that additional hikes were likely, and the central bank later told a Senate estimates hearing that current data did not indicate a recession in the next six months despite rising unemployment. Economists had warned that trimmed-mean inflation could exceed forecasts, and households were bracing for a possible fifth rate rise.

Acteurs

Dr Sarah Hunter Reserve Bank of Australia Brad Duggan Metricon 60 Minutes

Lieux

Australia

Articles

28 octobre 2026
5 au total
Inflation rises to 4.3 per cent raising likelihood of rate hike on Tuesday
Inflation rises to 4.3 per cent raising likelihood of rate hike on Tuesday

News.com.au • 28 oct. 06h33

September CPI rose to 4.3% year-on-year, above the Reserve Bank of Australia’s target, prompting most economists to expect a 25-basis-point cash-rate increase at the upcoming meeting.

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Australia recession risk: RBA all but rules it out near term
Australia recession risk: RBA all but rules it out near term

News.com.au • 28 oct. 03h57

During a Senate estimates hearing, the Reserve Bank of Australia said current data do not indicate a recession in the next six months, while noting that inflation remains above target.

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Surging inflation raises RBA rate hike risk, threatening worst housing slump since 1987
Surging inflation raises RBA rate hike risk, threatening worst housing slump since 1987

Real Estate • 28 oct. 00h40

Australian inflation data showing underlying rates at 3.6% have heightened expectations of another Reserve Bank rate increase, threatening to worsen the country's steepest housing price decline since the late 1980s.

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Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year

The Guardian • 28 oct. 00h36

Headline CPI rose to 4.3% in September, with underlying inflation at 3.6%, prompting expectations of a further Reserve Bank of Australia cash-rate increase before the November decision.

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Inflation data LIVE updates: Inflation comes in hotter than expected ahead of RBA’s rate call
Inflation data LIVE updates: Inflation comes in hotter than expected ahead of RBA’s rate call

Nine.com.au • 28 oct. 00h33

Headline inflation in Australia climbed to 4.3% in September, above expectations, as housing and fuel costs drove the increase and markets weigh the likelihood of another Reserve Bank rate hike.

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27 octobre 2026
4 au total
‘Groundhog day’: Aussies warned over possible fifth RBA interest rate hike ahead of crucial inflation data
‘Groundhog day’: Aussies warned over possible fifth RBA interest rate hike ahead of crucial inflation data

News.com.au • 27 oct. 21h52

Markets and the Reserve Bank of Australia are weighing a fifth rate hike after upcoming September CPI figures, with analysts split on whether the cash rate will rise to 4.85% or hold steady.

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On the day that ‘stops the nation’, the RBA will halt inflation (again)
On the day that ‘stops the nation’, the RBA will halt inflation (again)

The Age • 27 oct. 18h00

The Reserve Bank of Australia is likely to increase the cash rate for the fifth time this year on Melbourne Cup Day, citing inflation above target and near-full-capacity production.

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Inflation, interest rates; Experts warn of November cash rate hike
Inflation, interest rates; Experts warn of November cash rate hike

News.com.au • 27 oct. 04h45

Economists expect trimmed-mean inflation to exceed the Reserve Bank of Australia's forecasts, raising the likelihood of a cash-rate increase in November.

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RBA warns it can’t tell the government to rein in spending
RBA warns it can’t tell the government to rein in spending

Real Estate • 27 oct. 00h55

Reserve Bank assistant governor Sarah Hunter told 60 Minutes that while government spending contributes to high inflation, the central bank has little ability to curb it, and further rate hikes are expected.

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25 octobre 2026
2 au total
‘Really, really tough’: Tears on air as 60 Minutes speaks to struggling homeowner, RBA asked question everyone is asking
‘Really, really tough’: Tears on air as 60 Minutes speaks to struggling homeowner, RBA asked question everyone is asking

News.com.au • 25 oct. 22h16

A 60 Minutes interview highlighted a Sydney homeowner's difficulty coping with rising mortgage costs and featured RBA Assistant Governor Dr Sarah Hunter explaining the central bank's reliance on interest-rate policy to curb inflation.

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Interest rates: RBA chief economist Sarah Hunter says one thing is needed to end rate rises
Interest rates: RBA chief economist Sarah Hunter says one thing is needed to end rate rises

Nine.com.au • 25 oct. 09h42

Reserve Bank assistant governor Dr Sarah Hunter defended recent interest-rate increases as the most effective tool to lower inflation, acknowledging the hardship for mortgage borrowers and citing supply constraints in the housing market.

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