Australia newsAustralian economyBusinessCost of living crisisEconomicsInflationInterest rates

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

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This story was selected and curated by our editorial team in the Australia news category. Published on October 27, 2026 • Originally reported by Jonathan Barrett and Patrick Commins. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

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Australia’s headline inflation rate has accelerated to 4.3%, with a key gauge that strips out volatile prices also elevated, sharpening expectations of another interest rate rise next week.

The Reserve Bank of Australia’s preferred measure of consumer prices, called underlying inflation, came in at an annual 3.6% to September.

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