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flag Australia’s inflation stays high, pushing expectations for another interest rate hike.

flag Australia’s latest inflation data has intensified pressure on the Reserve Bank of Australia to raise interest rates, as elevated price increases persist despite previous rate hikes. flag While specific figures are not provided, the report indicates inflation remains above target, fueling expectations of further monetary tightening to control spending and inflationary expectations. flag The RBA’s upcoming decision will be closely watched, as higher rates could affect household budgets and economic growth. flag Unrelated events include a failed carjacking near a school in New South Wales, a new police threat unit, and a bomb scare involving a Chinese cultural group at the Prime Minister’s residence.

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