Easing inflation takes heat off interest rate rises

By Poppy Johnston
Updated November 29 2023 - 5:10pm, first published 5:08pm
The latest consumer data shows inflation at 4.9 per cent for the year to October. (Nikki Short/AAP PHOTOS)
The latest consumer data shows inflation at 4.9 per cent for the year to October. (Nikki Short/AAP PHOTOS)

Australia's inflation rate has softened by more than expected in a promising sign for borrowers hoping for the end of the Reserve Bank's interest rate hikes.

Subscribe now for unlimited access.

or signup to continue reading

All articles from our website
The digital version of Today's Paper
Breaking news alerts direct to your inbox
Interactive Crosswords, Sudoku and Trivia
All articles from the other in your area

Get the latest Cessnock news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.