Inflation

Annual inflation fell below expectations -  from 4.6 to 4.2 per cent in April -  driven lower by the fuel excise cut. 

NAB's chief economist, Sally Auld says she expects one more rate hike in August taking the cash rate to 4.6 per cent.

Headline inflation decelerated in April, with consumer prices increasing at an annual pace of 4.2 per cent, down from 4.6 per cent in March.

Amid fast-rising prices — from materials craned in, to rubbish trucked out — a residential builder lists the costlier surcharges, levies and products hammering the construction industry and fuelling inflation.

The Reserve Bank is growing increasingly anxious about price pressures building in the economy and its chief economist has raised the risk of a recession in post-budget remarks.

The Coalition has made a bold play to win back voters with a plan to automatically index income tax brackets to keep up with inflation.

One of Australia's biggest dairy manufacturers, Bega, is warning about soaring food inflation, as the war in the Middle East disrupts global supply chains.

As the average mortgage borrower confronts another $100 a month on top of their already inflated repayments, lots of people are asking if there is a better way to contain inflation than simply raising interest rates. It turns out there might be.

Economists predict at least one more rate rise is on the way in 2026 and also fear a prolonged war in the Middle East has increased the chance of a recession. 

Cost-of-living pressures have increased for all households in Australia, partly due to the war in the Middle East, according to the Australian Bureau of Statistics.

Australia had an inflation problem before the Iran war, but it's turned sinister. We've become hostage to oil prices, and as the governor of the Reserve Bank puts it: "We are all feeling poorer".

Monetary policy trade-offs are getting worse. The Reserve Bank of Australia is confronting rising inflation and downgraded growth forecasts. And there's nothing it can really do about it. 

The RBA lifts rates by 0.25 basis points to 4.35 per cent, which fully unwinds last year's rate cuts. But governor Michele Bullock says the rate rises will not stop higher inflation heading Australia's way from the Iran war.

The RBA delivers another rate rise while the local share market closes lower amid escalating tension in the Middle East. Look back on how the day unfolded with our specialist business reporters on our blog.

If there's any certainty about the RBA's interest rate verdict, it's that it will be a split decision.

The prime minister's second term is now defined less by what he wants to do than by what unforeseen events will allow.

The 10-Year Treasury bond, which the Commonwealth issues to raise money, pushes past 5 per cent, raising the cost of paying off debt and suggesting inflation is not under control.

If it feels like everything is getting more expensive, that's because it is. With the rate of inflation rising this week, we've tracked how the price of everyday items has increased.

Inflation has surged to its highest level in almost three years, jumping to 4.6 per cent, up from 3.7 per cent.

Annual inflation is at the highest level since September 2023, with economists widely tipping an interest rise from the RBA in May.