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newsSep 18, 20262:06

Reserve Bank warns inflation pressure is building again

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“A fourth interest rate hike this year is looking increasingly possible with inflation pressures building again. RBA Governor Michelle Bullock says higher oil, food and technology costs are adding to inflation.”From the transcript

RBA Governor Michele Bullock says rising oil, food and technology costs are adding pressure.

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Reserve Bank warns inflation pressure is building again

LiSTNR Central Coast Local News

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LiSTNR Central Coast Local News — Reserve Bank warns inflation pressure is building again. Machine-transcribed; use the interactive transcript above to jump the player to any line.

A listener, production. Good morning, I'm Matthew Layton. A fourth interest rate hike this year is looking increasingly possible with inflation pressures building again. RBA Governor Michelle Bullock says higher oil, food and technology costs are adding to inflation. I think we're now in a very similar position to other countries in the sense that we've still got a bit of excess demand and now we've got this extra impetus from a prolonged Middle East conflict. Meanwhile drivers are being warned petrol could surge beyond the Iran conflict peak with unleaded already averaging $2.37 a litre. More than 600 quantas ground crew are preparing to strike next week with Victoria walking off Wednesday and workers elsewhere following on Thursday. And police say four people travelled interstate to carry out alleged criminal contracts linked to two shootings. The group was arrested in Victoria after a home and parked car were allegedly shot at in Sydney. Their extra edition to New South Wales has been

approved. Free mantle is bracing for a hostile crowd as it chases a grand final spot tonight at the SCG. The dockers are unchanged while Sydney brings in Lewis Milliken and Justin McInerney. Premiership Hay Daisy Thomas says Frio has responded well since its qualifying final loss. I think that was just the shot in the arm of confidence that freemen all needed after a little bit of a dent in that first week from the Hawks and I think they should be good enough to get the job done in a good arm wrestle but threeish goals laden it. Angus Criton is back for the roosters season on the line showdown with the sharks tomorrow night. The star forward returns from a foot injury at Alihan Stadium. Coach Trent Robinson has no concerns throwing him straight back in. I don't think the standard of the game changes when it comes to Angus. I just think it's the time out with the injury and time that he will get on the field. That's the only thing but he's played enough of these sort of quality games to get ready to go back in.

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