Inflation jumps | Big four banks pass on rate hike | Corporate regulator unveils priorities

3 hours ago The News Room

Housing was the largest contributor to annual inflation rising to 4% as rents, building material and electricity costs rose in the year to August; Australia’s big four banks confirm they’ll pass on the 25 basis point official interest rate increase to customers; and ASIC says reviewing how banks use AI in customer facing activities will be one of its priorities this financial year.

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