# Australia’s stubborn inflation raises prospect of another rate rise

- URL: https://talkfuse.com/story/aussie-homeowners-brace-for-more-mortgage-pain-as-inflation-accelerates-again/
- Published: 2026-10-28T00:49:53+00:00
- Updated: 2026-10-28T01:07:15+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16244413/Aussie-homeowners-brace-mortgage-pain-inflation-accelerates-again.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Business, Economy, World

## Key points

- Underlying inflation rose to 3.7 per cent annually.
- Housing and transport were major contributors.
- Markets see a strong chance of another rate rise.

## Summary

Australia’s underlying inflation rose faster than expected in the September quarter, strengthening expectations that the Reserve Bank may raise interest rates again next week. The figures suggest price pressures remain difficult to contain, adding to mortgage costs for homeowners and challenging earlier claims that inflation had largely been brought under control.

The Reserve Bank’s preferred trimmed mean measure increased 1 per cent over the quarter and reached 3.7 per cent annually, above its 2 to 3 per cent target. Housing costs were the largest annual contributor, rising 5.2 per cent, while transport prices rose 8.7 per cent; fuel climbed 9.4 per cent in September. Markets put the chance of a fifth rate increase this year at more than 60 per cent.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.