Government under pressure to cut spending following higher inflation results | ABC NEWS
Households have been dealt another cost-of-living blow, with hotter than expected inflation figures all but locking in a rate rise at the next Reserve Bank meeting in November.
The latest inflation data confirms what many Australians are already feeling; inflation is getting worse, and there’s growing pressure on the Treasurer to cut government spending.
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Read more here: https://www.abc.net.au/news/2026-10-28/inflation-september-cpi-ahead-of-november-interest-rate-call/107317382
00:00 National Affairs Correspondent Jane Norman has the story.
02:01 Chief Business Correspondent Ian Verrender analyses if there’ll be more rate hikes in the future.
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