Your Daily Update
Monthly CPI holds at 2.8%, ASX digests the print, and AFL finals week ramps up
Thursday's Australia Daily Update — twelve stories on the ABS monthly inflation read, market and card-debt fallout, Telstra bushfire satellite texts, ACCC scam blocks after NAB's outage, and Demons preliminary-final ballots.
SportsDemons Secure Home Preliminary Final as MCG Ticket Ballot Opens Thursday
Melbourne secured a home preliminary final at the MCG after a qualifying win, with the club opening its member ballot at 10am Thursday for the last ticket tranche before grand final week.
Today's picks
EntertainmentSeven and Foxtel Lock AFL Grand Final Night Simulcast After Preliminary Ratings
HealthPBS Lists New RSV Infant Immunisation as Winter Ward Admissions Ease
ScienceBOM Issues Dry Lightning Warning for Murray Darling as El Niño Watch Persists
PoliticsDutton Demands Cost-of-Living Package Detail Ahead of RBA Board Weekend
OpinionNAB's Outage Shows Open Banking Cannot Mask Core Banking Uptime Failures
SecurityACCC Blocks First Spoofed SMS Sender ID After NAB Outage Phishing Surge
AIQueensland Health Trials Generative AI Scribes in Emergency After TGA Review
TechnologyTelstra Opens Satellite Text Pilot for Bushfire Corridors After Black Summer Review
Credit CardsWestpac Compare Tool Flags 18-Month Card Debt as Fixed Home Loans Expire
StocksASX 200 Eases After CPI as Banks Slip and Gold Miners Extend Rally
BusinessABS Monthly CPI Holds at 2.8 Percent as Trimmed Mean Keeps RBA on Watch
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Also worth your time
Telstra Opens Satellite Text Pilot for Bushfire Corridors After Black Summer Review
Telstra Corp. opened a satellite-to-handset text pilot along Victorian and New South Wales bushfire corridors identified in the Black Summer royal commission follow-up, testing emergency SMS when terrestrial towers fail during fast-moving fires.
Westpac Compare Tool Flags 18-Month Card Debt as Fixed Home Loans Expire
Westpac Banking Corp.’s updated Compare tool highlights households carrying roughly 18 months of credit-card debt while fixed-rate home loans written at pandemic-era lows roll onto higher revert rates, nudging borrowers toward consolidation and hardship pathways before Christmas spending.
ASX 200 Eases After CPI as Banks Slip and Gold Miners Extend Rally
The S&P/ASX 200 eased after the ABS monthly CPI held at 2.8 percent as the Big Four banks slipped on renewed hike odds and gold miners extended gains that had carried the index higher on Tuesday.
ABS Monthly CPI Holds at 2.8 Percent as Trimmed Mean Keeps RBA on Watch
The Australian Bureau of Statistics’ Wednesday monthly consumer price index held at 2.8 percent in the year to August, with trimmed-mean inflation still above the Reserve Bank’s comfort zone as the board prepares for its 28–29 September meeting after deputy governor Andrew Hauser’s neutral-rate remarks and a firmer ASX lead-in.