July inflation data signals RBA may raise rates again this year
Core inflation held steady at 3.6 per cent for a third straight month while headline inflation dropped to 3.5 per cent, alarming economists about a September rate hike.
Why it mattersIf the RBA raises rates, mortgage holders and borrowers face higher repayments just as cost-of-living pressures mount.
AustraliaAustralian families watching interest rates may face another hike as sticky inflation forces the central bank to consider tighter monetary policy.
✓ Claims checked against the source. checked 2 h ago
Free. Sign in once, be genuinely informed in five minutes a day.
Tomorrow's edition, every morning.
Get the free app, read the whole feed
InSnip turns the day's news into short, source-backed snippets with a plain why it matters line. The signal, not the scroll.