Another Aussie hike likely as inflation climbs

The Reserve Bank of Australia could well raise rates again after the latest edition of the central bank's monetary policy statement revealed inflation was set to reach 3.25% in the fourth quarter of 2007.

Rates are already at an 11-year high of 6.75%.

"The Reserve Bank's forecasts have for some time incorporated the view that there was likely to be upward pressure on inflation as a result of strong demand and tight capacity," the central bank said. "The September quarter CPI [which revealed that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account