EconomyAustralian politics live: Inflation expected to reach 4.2%; eSafety head warns about women in senior roles

Australia’s annual inflation rate for the year to September is expected to rise to 4.2% from 4%, amid higher fuel costs and an intensifying Middle East conflict. Underlying inflation is forecast to stay at 3.6%; a higher reading would virtually guarantee another rate rise next Tuesday. Markets price in a 65% chance of a Melbourne Cup day increase.

Australia inflationinterest ratesReserve Bank of Australiacost of living

TThe Guardian★★★☆☆2026-10-27 20:00Original