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Labor, RBA on same page, Chalmers insists

Headline inflation rose to 4% in August as the Reserve Bank lifted rates to 4.6%, keeping underlying price pressure above target.

Summary by The West Australian
Treasurer Jim Chalmers has denied being at odds with the RBA governor after headline inflation jumped to 4 per cent and interest rates hit a 15-year high.
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The West AustralianThe West Australian
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Labor, RBA on same page, Chalmers insists

Treasurer Jim Chalmers has denied being at odds with the RBA governor after headline inflation jumped to 4 per cent and interest rates hit a 15-year high.

·Osborne Park, Australia
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Australian Financial ReviewAustralian Financial Review
Lean Right

Plenty of blame to go around for RBA rates hitting 15-year high

Treasurer Jim Chalmers is not wrong when he says the Middle East conflict and artificial intelligence have turbocharged inflation. But he is not blameless either.

·Sydney, Australia
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  • 67% of the sources lean Right
67% Right

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Australian Financial Review broke the news in Sydney, Australia on Tuesday, September 29, 2026.
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