Australia's annual inflation rises to 4.6% in March after Iran war oil shock

13 articles · Updated · The Australian Financial Review · Apr 28

Headline inflation climbed from 3.7% in February, with the March figure the highest in nearly three years, according to the Australian Bureau of Statistics.
The Reserve Bank of Australia is now expected to raise interest rates again, with markets pricing an 88% chance of a hike at next week's meeting.
The inflation surge follows oil prices exceeding $100 a barrel due to the Iran conflict, with transport costs up 8.9%. The Federal Reserve's upcoming rate decision may also influence Australian monetary policy.

As stagflation fears grow, is Australia’s economy spiraling back to the 'nightmare' of the 1970s?

Is the RBA fighting the wrong war by using rate hikes to combat a global oil shock?

The government gives relief while the RBA hikes rates. Are they simply cancelling each other out?

With Australia importing 90% of its fuel, is this crisis more a national security failure?

Could a windfall tax on energy giants curb inflation without punishing homeowners with higher rates?

With global supply chains disrupted by war, can any nation truly control its own inflation anymore?