QIC sees risk of further RBA rate hikes beyond November as inflation persists

• QIC’s October 30, 2026 analysis warns Australian interest rates may rise beyond November, increasing recession risks as growth remains below trend.
• September headline inflation reached 4.3%; underlying inflation stood at 3.6%, with little prospect of easing for at least six months.
• Brent crude exceeded US$110 a barrel, sustaining inflation pressures through imports and domestic supply chains.
• Consumer spending remains resilient, while data center investment adds to demand pressures despite earlier rate increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QIC Ltd. published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.