ABC News – Australia
·australia
·2 hours ago
See how the price of everything has changed
Australia's headline inflation jumped to 4.6 percent this week, the highest since September 2023, driven partly by removal of government electricity subsidies. Electricity costs surged 25.4 percent over twelve months to March 2026, while Treasurer Jim Chalmers warned Australians pay a "hefty price" from the Iran war's economic impact. The inflation spike raises prospects of additional interest rate increases.
Summary by Glance · ABC News – Australia
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