Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3. 5% Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Inflation has jumped to 4% in the year to August...
Source: [Guardian World](https://www.theguardian.com/australia-news/2026/sep/30/australia-inflation-rise-stokes-fears-fifth-interest-rate-hike-before-christmas)