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Australia's inflation rate rises more than expected

SBS News Australia •
October 28, 2026 • 08:53 AM
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Treasurer Jim Chalmers has warned Australians will have to wait until the end of 2027 to see some relief from inflation.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
The Australian Financial Review (AFR)
1w ago
Loss of trust threatens the RBA’s inflation target

Loss of trust threatens the RBA’s inflation target

The post-pandemic price breakout presents a big challenge to keeping the faith in Australia’s three-decade-old monetary policy framework put in place by Costello.

#inflation
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Sydney Morning Herald (SMH)
1w ago
Under pressure on inflation, PM seeks cuts to bypass Shoebridge, Taylor veto

Under pressure on inflation, PM seeks cuts to bypass Shoebridge, Taylor veto

Several people told this masthead Labor did not want spending cuts that would create protracted brawls, only to be torpedoed in the Senate anyway.

#inflation
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ABC News Australia
1w ago
Tough Christmas looms as rates and inflation hit household budgets

Tough Christmas looms as rates and inflation hit household budgets

It's a gloomy picture for households as rising interest rates eat into disposable incomes, but the economic landscape today is much different to previous rate hiking cycles.

#inflation
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The Age
3d ago
ASX set to fall as Wall Street slumps on inflation report; Anthropic targets $2 trillion valuation

ASX set to fall as Wall Street slumps on inflation report; Anthropic targets $2 trillion valuation

US stocks are falling after a report showed inflation was worse across the country last month than economists expected.

#inflation
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RealEstate.com.au News
4d ago
RBA eyes up AI-led inflation and spending upticks - realestate.com.au

RBA eyes up AI-led inflation and spending upticks - realestate.com.au

AI could increase spending faster than Australia can produce goods and services, potentially making inflation worse, the Reserve Bank has warned.

#inflation
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CNBC World
1w ago
San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances

#inflation
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