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“…rofit lines, if there are profits, are extra thin, as government charges keep rising.' Mrs Rinehart also took the opportunity to criticise the Albanese government's economic policy amid the cost of living crisis, persistently high inflation and interest…”

“The RBA has identified both overseas cost pressures and domestic capacity constraints as contributing to persistent inflation.”

“'However, with persistently high inflation squeezing disposable incomes, stronger borrowing may also reflect continued affordability challenges pushing people to credit to get by,' she added.”

“… rising fuel prices.' University of Sydney economics senior lecturer Dr Luke Hartigan said recent commentary by senior officials indicate the Bank is losing tolerance with persistently high inflation which has been above the RBA's target band for over 4…”

“- See more Daily Mail on Google - save us as a Preferred Source Andy Burnham today moved to quell mounting speculation he is plotting an early general election.”

“- See more Daily Mail on Google - save us as a Preferred Source Australia's three major banks are now warning mortgage holders to brace for another interest rate rise next week as surging oil prices and stubborn inflation pile fresh pressure on the Reserve…”

“- See more Daily Mail on Google - save us as a Preferred Source The Reserve Bank's fears about inflation have materialised, governor Michele Bullock says, which could force it to raise interest rates again.”

“- See more This is Money on Google - save us as a Preferred Source The Bank of England yesterday stood its ground as the last major central bank to resist interest rate increases despite growing inflation pressures.”

“'Given persistent underlying inflation pressures and large uncertainty around whether financial conditions are sufficiently restrictive, the RBA should stand ready to hike rates as needed,' the IMF said.”