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Andrew Hauser

  1. Australia's September inflation rises to 4.3%, above expectations, ahead of RBA rate decision on Nov 3

    The Australian Bureau of Statistics said on Wednesday, Oct 28, that the consumer price index rose 0.8% in September from the previous month, after 0.4% in August, lifting annual inflation from 4% to 4.3%, higher than expected. Housing was the biggest driver, up 5.2% year on year, and fuel prices rose 9.4% in September, pushing up transport costs. Trimmed mean inflation, which strips out volatile items, rose to 3.6%, with August revised to 3.5%. Reserve Bank deputy governor Andrew Hauser told a Senate hearing on Wednesday the figures were 'too high'. The cash rate is 4.6%, the highest in 15 years after four hikes this year, and the RBA will announce its decision on Nov 3.

    Oct 28, 2026 Afternoon
  2. RBA deputy governor Andrew Hauser says inflation outlook 'materially worse'; Nov 3 hike odds rise

    The Guardian reported that Reserve Bank of Australia deputy governor Andrew Hauser told an investment-bank conference in Sydney on the morning of Oct 21 that the central bank faces 'hard choices' and the inflation outlook is 'materially worse'; the board must weigh a slowing economy against fears the public no longer believes it can bring inflation back to the 2.5% target. He said inflation had been high for a long time and some in the community were unsure the bank could return it to target. After the speech, markets raised the odds of a rate rise at the Nov 3 Melbourne Cup-day meeting, which would be the fifth hike this year.

    Oct 21, 2026 Afternoon