‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders
Australian inflation eased to 3.8% in June, lower than market expectations, which has reduced the likelihood of an interest rate hike by the Reserve Bank of Australia. While price pressures remain, economists suggest the RBA may hold rates steady in August.
Inflation dropped to 3.8% in the year to June 2026, from 4% in the previous month. Inflation dropped to 3.8% in the year to June 2026, from 4% in the previous month. Australian economy ‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders ABS data shows inflation still too high but tracking lower than anticipated
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