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October 28, 2026

The Australian News

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Do the RBA and government have other levers they can pull to bring down inflation? | ABC NEWS


Another interest rate hike on Melbourne Cup day looks likely, after higher than expected inflation data.
ABC Business Daily host Carrington Clarke explains what the RBA is weighing in its decision and whether there are other levers that could be pulled to turn things around.

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Read more here: https://www.abc.net.au/news/2026-10-28/what-is-inflation-and-why-does-rba-hike-interest-rates/107308110

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