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Underlying Inflation Has Sat at 3.5% for Six Months. Why That Persistence Matters.

The trimmed mean is an underlying inflation measure that removes the items with the largest price changes in each period before calculating the average. The aim is to see through temporary distortions, such as a sharp jump or fall in a single commodity, to …

Aditi Sarkar | 29 October 2026

Business Investment Up More Than 10%: Why Higher Rates Have Not Slowed Capital Spending

The minutes of the Board's 29 September 2026 meeting recorded business investment as rising more than 10% over the year. At the 28 October Senate hearing, Bullock identified the drivers: "Mainly we're seeing it in data centres and renewable energy." Both represent large capital …

Aditi Sarkar | 29 October 2026

"High Inflation Hurts Everyone": The Cost the RBA Is Asking Mortgage Holders to Bear

Bullock did not soften the human cost in her Senate statement. She said: "Those who have mortgages, yes, this clearly impacts them and it hurts them." She went further at an earlier media appearance, framing the trade-off in terms that Sarah Hunter also used …

Aditi Sarkar | 29 October 2026

45% Per Annum Forever: The AI Earnings Expectation Worrying Australia's Financial Stability Regulator

Jones was speaking on a panel at the AFR Super Summit in Melbourne on 26 October 2026, moderated by James Thompson. The panel included Scott Hartley (Insignia), Deanne Stewart (Aware Super), and Ian Patrick (Australian Retirement Trust). Jones cited the 45% per annum earnings …

Aditi Sarkar | 29 October 2026

Debt-Funded, Not Equity-Funded: Why the AI Boom's Financing Structure Worries the RBA

Jones contrasted the late 1990s technology boom with the current AI investment cycle. His description: the dotcom era was "principally equity financed." Investors bought shares in technology companies, and when valuations collapsed in 2000-2001, the losses were borne predominantly by those shareholders. Banks and …

Aditi Sarkar | 29 October 2026

How the End of the Fuel Excise Cut Is Reaching the Bowser

Annual CPI inflation rose to 4.3% in the year to September, from 4.0% in August. Automotive fuel was the standout: up 9.4% in September after a 14.8% jump in August, leaving it 23.6% above a year earlier.

Aditi Sarkar | 28 October 2026

"Four Is Private and One Is Public": Chalmers' Inflation Defence Meets a Rate Rise Warning

The Australian Bureau of Statistics reported annual CPI inflation of 4.3% in the year to September, up from 4.0% in August, with prices up 1.3% over the September quarter. The trimmed mean, a measure of underlying inflation, was 3.6% annually, with August revised down …

Aditi Sarkar | 28 October 2026

Double the Limit for Funeral Bills

The change forms part of a financial-sector deregulation package that the government says will cut red tape by $780 million a year across financial services. The Treasurer's media release lifts the limit for "deceased persons' estate-related expenses" from $15,000 to $30,000, including funeral expenses. …

Aditi Sarkar | 28 October 2026

Brace Your Rental Return for 4.3% Inflation

Annual CPI climbed from 4.0% in August to 4.3% in September, and prices rose 1.3% over the quarter. The trimmed mean, the RBA's preferred underlying gauge, was 3.6% for the year. "Housing was the largest contributor to annual inflation in September, rising by 5.2 …

Aditi Sarkar | 28 October 2026

"An Insurance Hike": What a 0.25-Point Rate Rise Costs a Negatively Geared Investor

The ABS reported annual CPI at 4.3% in the year to September, up from 4.0% in August, with a trimmed mean of 3.6%. Housing led the rise at 5.2%.

Aditi Sarkar | 28 October 2026
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