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The Guardian World News · Jul 29, 2026 4:21 AM EDT Macro

‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders

ABS data shows inflation still too high but tracking lower than anticipatedFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralian mortgage-holders have “dodged a bullet’, with the Reserve Bank now less likely to hike rates next month after new data showed inflation unexpectedly eased to 3.8%, in the year to June, from 4%.The hotly anticipated consu…

‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders
Image The Guardian World News

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