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THU, 22 OCT · 89 ITEMS
ABC News AU, ABC News Australia, The Guardian + 9 more · Australia
12 outletsAndrew Hauser, deputy governor of Australia's Reserve Bank, publicly warned that the has become 'materially worse' than the bank had previously forecast. This sharply increased financial markets' expectation of an interest at the 's November meeting, with some models putting the chance at over 40%. The remark signals that persistent inflation is frustrating the central bank's efforts to bring it under control, hitting Australian borrowers with the prospect of higher mortgage costs.
The claim is solid: it comes verbatim from a public speech by RBA Deputy Governor Andrew Hauser, a primary official source. Major news organisations (ABC, Guardian, AFR, Reuters) all directly quote his statement, so the reporting is closely tethered to the original event.
The story broke on 20–21 October 2026, and it is genuinely new—this specific warning from Hauser has not been reported before.
We covered earlier warnings: on 19 September 2026 the RBA governor said inflation was 'too high,' and on 9 September the deputy warned rates may need to rise. On 27 August we reported that Australian inflation had risen to 3.5%, boosting rate-hike expectations. These earlier stories all track the same worsening inflation picture that Hauser's latest remarks confirm.