The Daily Aus Headlines: Higher-than-expected inflation data
Feb 25, 2026
Inflation data shows headline inflation steady at 3.8% with trimmed mean rising to 3.4%. Big rises in housing and electricity are highlighted as key drivers. Police have arrested two men connected to the alleged kidnapping and murder of an 85-year-old. A major logistics firm plans large job cuts as it shifts toward artificial intelligence. A nature photographer wins an international award for a rare humpback calf image.
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Inflation Held Steady But Core Pressures Rose
- Inflation stayed at 3.8% in January while the trimmed mean ticked up to 3.4% indicating persistent underlying inflation.
- Housing rose 6.8% year‑on‑year and electricity jumped after rebates ended, signalling policy shifts driving staples costs.
Rebates Ending Drove Big Electricity Bill Hike
- Policy changes are directly affecting household bills with electricity costs up sharply after rebates ended.
- Treasurer Jim Chalmers warned higher inflation will persist and the RBA may raise interest rates next month.
Arrests After Grandpa Found 11 Days Post Abduction
- NSW Police arrested two men after remains believed to be 85‑year‑old Chris Baghsarian were found 11 days after his abduction.
- Police say Baghsarian was taken from his home in a likely mistaken identity case tied to organised crime links nearby.