Inflation’s jumped again - is another rate rise coming?

Inflation has surged to its highest level in years, driven by
soaring fuel prices, higher energy costs and global instability.


For households already squeezed by rate rises, the pressure is
mounting. Is this a short‑term shock the Reserve Bank can look
through or the start of another prolonged inflation fight?


What happens next for interest rates, wages, jobs, and the
economy as a whole just one week before the Budget?


Guests:Diana Mousina, Deputy Chief Economist, AMPDavid Bassanese,
Chief Economist, BetaShares


Show links:


See how the price of everything has changed, ABC News StoryLab,
March 30, 2026


Consumer Price Index, Australian Bureau of Statistics, March 29,
2026


Why the official inflation rate feels wrong, The Economy Stupid,
October 30, 2025


Stagflation is about to push unemployment higher: here's what to
expect, The Economy Stupid, March 26, 2026