{
  "id": 16903245,
  "title": "Australia’s inflation is getting worse, despite rate hikes",
  "url": "https://urgent.news/2026/10/28/australias-inflation-is-getting-worse-despite-rate-hikes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T13:01:07.000Z",
  "source": {
    "name": "MacroBusiness",
    "slug": "macrobusiness",
    "url": "https://www.macrobusiness.com.au/2026/10/australias-inflation-is-getting-worse-despite-rate-hikes/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of Australia (RBA) has hiked the official cash rate four times this year to a 15-year high of 4.60%. As a result, Australia now has the second-highest official policy rate in the advanced world, behind Iceland. Despite the RBA’s aggressive rate hikes, Australia’s inflation problem continues to worsen. On Wednesday, the Australian The post Australia’s inflation is getting worse,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}