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Inflation Gloom Prevails Despite Budget Bright Spot

Borrowing costs are almost certain to rise to 4.6 per cent as inflation pressures and Middle East conflict weigh on the central bank's decision.

Summary by The West Australian
Australia's deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.

6 Articles

ABC AustraliaABC Australia
Lean Left

Treasurer to unveil $6 billion improvement to federal budget

Jim Chalmers will today unveil a $6 billion improvement to the federal government's forecast deficit. Follow live.

·Ultimo, Australia
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PerthNowPerthNow
+3 Reposted by 3 other sources
Center

Inflation gloom prevails despite budget bright spot

Australia's deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.

·Osborne Park, Australia
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BizTocBizToc

Australia's Budget Deficit Billions Smaller Than Expected, Treasurer Says

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

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Bias Distribution

  • 50% of the sources lean Left
50% Left

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BizToc broke the news on Sunday, September 27, 2026.
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