Australia's Consumer Inflation Accelerates to 3.8% in October, Beating Estimates

Stronger inflation dashes hopes of any more interest rate cuts

SBS Finance Editor Ricardo Goncalves speaks with Damien Boey from Wilson Asset Management and Belinda Allen from the Commonwealth Bank as headline inflation continues to rise at 3.8 per cent in October to find out what that means for interest rates and investments.

Australian inflation rises to 3.8% in October, topping forecasts and r

Australia's annual inflation rate unexpectedly accelerated in October 2025, climbing to 3.8% from 3.6% in September. This figure surpassed market forecasts, which had anticipated inflation to remain steady at 3.6%. The reading keeps inflation firmly

Inflation jump wipes out chances of rate cut – and puts rate hike back on the table

In a major concern for the Reserve Bank, underlying inflation rose again to sit further above the RBA’s 2-3 per cent inflation target.

Inflation jump wipes out chances of rate cut – and puts rate hike back on the table

In a major concern for the Reserve Bank, underlying inflation rose again to sit further above the RBA’s 2-3 per cent inflation target.

Where Perth families are paying more as inflation rebounds

Perth and Brisbane have the heaviest cost of living pressure in Australia as inflation worsens across the country.

Australia's consumer inflation accelerates to 3.8% in October, beating estimates

The largest contributor to consumer inflation was the housing sector that saw price growth of 5.9%, driven by higher costs in electricity, rents and new dwellings.