The Aporia
Comino, N. (2026, October 28). Aussie homeowners brace for more mortgage pain as inflation accelerates again. Daily Mail. https://www.dailymail.com/news/article-16244413/Aussie-homeowners-brace-mortgage-pain-inflation-accelerates-again.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
Comino, Nicholas. “Aussie homeowners brace for more mortgage pain as inflation accelerates again.” Daily Mail, 28 Oct. 2026, https://www.dailymail.com/news/article-16244413/Aussie-homeowners-brace-mortgage-pain-inflation-accelerates-again.html?ns_mchannel=rss&ns_campaign=1490&ito=1490.
Comino, Nicholas. “Aussie homeowners brace for more mortgage pain as inflation accelerates again.” Daily Mail, October 28, 2026. https://www.dailymail.com/news/article-16244413/Aussie-homeowners-brace-mortgage-pain-inflation-accelerates-again.html?ns_mchannel=rss&ns_campaign=1490&ito=1490.
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Australia's inflation rate surged to 4.3% in September, with underlying inflation climbing to 3.6%, surpassing economists' forecasts and raising expectations of another interest rate hike by the Reserve Bank of Australia (RBA) next week. Housing costs were the largest contributor to annual inflation, increasing by 5.2%. The RBA's preferred measure of underlying inflation, known as the trimmed mean, rose 1% in September, up from 0.8% in June, according to data from the Australian Bureau of Statistics (ABS). This marks the highest level for underlying inflation since March when it stood at 4.6%. Deputy governor Andrew Hauser warned that the inflation outlook is "materially worse" than previously forecasted, indicating a possible fifth interest rate hike this year. The cash rate currently stands at 4.6%, its highest level in recent years, impacting mortgage holders and exacerbating economic challenges for homeowners.