14 result(s) for “Inflation”
Finance Minister Katy Gallagher told ABC Insiders on November 1, 2026 that the government cannot yet guarantee its December mid year budget update will produce net savings, as high inflation, rising debt servicing costs and a likely Reserve Bank rate rise squeeze Canberra's options.
Australia’s share market pushed to its highest level in more than seven weeks on October 30, 2026, led by banks and energy stocks as investors weighed an expected Reserve Bank of Australia policy move, while Coles plunged after a disappointing trading update that wiped billions from its market value.
Michael Chaney steps down from the helm of Australia’s largest listed conglomerate on October 29, 2026, leaving a succession to Ken MacKenzie and a final message urging boards to treat artificial intelligence as a measured productivity tool, not an instant route to cost savings.
Transport Workers Union members at Qantas freight and regional ground services walked off the job on October 28, 2026, staging a 24 hour stoppage that is raising short term logistics costs and renewed pressure on Qantas management to finalise pay and job security deals.
Reserve Bank of Australia deputy governor Andrew Hauser told a Sydney investment conference that the inflation outlook is "materially worse" than in August, reshaping market pricing for a November cash rate decision and raising the prospect of further pain for borrowers and firms.
Official labour data released October 18, 2026 shows unemployment climbed to 4.7 percent in September as employment fell, complicating the Reserve Bank of Australia’s policy outlook and increasing pressure on federal economic policy makers.
At its 2026 research conference the Reserve Bank of Australia set out a clearer framework for so called additional monetary policy tools and flagged the growing role of financial stability risks for business planning.
The NSW Coalition has unveiled a plan to lower payroll tax and raise the tax-free threshold, promising relief for small and mid sized employers. The move injects a tax battleground into the state election campaign and forces scrutiny of budget trade offs and economic impact on jobs and services.
S&P Global Ratings warns that near record federal and state spending, combined with rising interest bills, has left Australia more exposed to economic shocks, complicating the Reserve Bank of Australia’s path back to inflation targets, rating commentators and Australian outlets reported on October 8, 2026.
Major Australian business groups and universities on October 7, 2026 expressed sharp concern about the Coalition’s newly announced plan to sharply reduce net overseas migration, saying it risks labour shortages, weaker economic growth and damage to sectors that rely on international students and skilled migrants.
Major Australian asset managers are cutting exposure to domestic stocks and reallocating to overseas markets as higher interest rates and a deepening housing slump weigh on the ASX. The move poses fresh risks for local companies seeking capital and could deepen the disconnect between Australia and global markets.
Treasurer Jim Chalmers told business audiences on October 4 that global shocks, rising bond yields and higher fuel costs are imposing ‘‘very substantial and intensifying’’ pressure on Australia’s budget, and he signalled a savings package to be announced in the government’s mid year economic and fiscal update.
Australian shares and business sentiment showed caution on September 28, 2026, as traders awaited a likely Reserve Bank rate hike and this week’s inflation data. Household and corporate budgets face more pressure if policy tightens again, with economists warning the RBA’s move could slow growth across interest sensitive sectors.
Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.