NewsBite

PoliticsNow: Inflation soars to 5.1pc, points to election campaign rate rise

PM says Reserve Bank will make its own decision on interest rate hikes as inflation soars to its highest level in more than two decades, lifting to a blockbuster 5.1 per cent.

Prime Minister Scott Morrison points to Australia's inflation figures compared to those of other economies in Rockhampton today. Picture: Jason Edwards
Prime Minister Scott Morrison points to Australia's inflation figures compared to those of other economies in Rockhampton today. Picture: Jason Edwards

Welcome to PoliticsNow, our live coverage of the latest news from the Federal Election 2022 campaign trail. 

Read related topics:Anthony AlbaneseScott Morrison

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.theaustralian.com.au/nation/politics/politicsnow-we-dont-want-two-australias-scott-morrison-says/live-coverage/3723cc9ade5ee8ca37c98b4344c241fe