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RBA boss’s grim Middle East warning

Bullock said higher oil prices from the conflict are feeding through to petrol and other goods, with inflation at 3.5 per cent above target.

Summary by PerthNow
Australia can no longer escape the global inflation surge, with RBA governor Michele Bullock warning the Middle East conflict has changed everything.

7 Articles

Sydney Morning HeraldSydney Morning Herald
Lean Left

Reserve Bank’s blunt warning just days before next interest rates decision

Reserve Bank governor Michele Bullock said inflation in Australia was “too high” as she prepares to consider lifting interest rates for the fourth time this year.

·North Sydney, Australia
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PerthNowPerthNow
Center

RBA boss’s grim Middle East warning

Australia can no longer escape the global inflation surge, with RBA governor Michele Bullock warning the Middle East conflict has changed everything.

·Osborne Park, Australia
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The West AustralianThe West Australian
Lean Right

RBA chief issues grim inflation warning

Reserve Bank of Australia Governor Michele Bullock has warned inflation is likely to ‘remain elevated for some time’.

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

LIVE news updates: Australia inflation to remain elevated, impacted by Middle East conflict, data centres, says RBA Governor Michele Bullock

Michele Bullock says she has stopped using “narrow path” rhetoric on jobs; Andrew Charlton says Anthropic’s Queensland lease is proof Labor’s data centre stance works. Follow live.

·Sydney, Australia
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Business NewsBusiness News

Rate hike expectations firm on RBA warning of higher inflation risks

The odds of a September rate hike have increased after the Reserve Bank of Australia warned that the inflation outlook had deteriorated amid soaring fuel prices from the Middle East conflict.

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大纪元 Epoch Times大纪元 Epoch Times

Rising Oil Prices Exacerbate Inflation; RBA President: Unlikely to See a Decline in the Short Term.

Despite the Reserve Bank of Australia (RBA) adjusting interest rates multiple times this year to curb price pressures, RBA Governor Michele Bullock warned that Australia is unlikely to see a decline in its high inflation levels in the near future.

·New York, United States
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Australian Financial Review broke the news in Sydney, Australia on Thursday, September 17, 2026.
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