Tough Christmas looms as rates and inflation hit household budgets

ABC News (AU)

Published 3 Nov 2026, 4:52 pm·1 h ago·1 min read

Listen to this story

Read aloud by your device

It's a gloomy picture for households as rising interest rates eat into disposable incomes, but the economic landscape today is much different to previous rate hiking cycles.

Read the full story at ABC News (AU)

abc.net.au

Open ↗

Part of an ongoing event

Open timeline →

Israel’s genocide in Gaza: Death toll rises to 74,564

17 articles

Economy · Finance

Palestine weekly: Election deadlock meets West Bank sieges, Gaza killings

33 min ago·Al Jazeera·1 min read

Economy · Finance

Global markets were already fragile. Big AI bets could break them.

36 min ago·The Japan Times·1 min read

Economy · Finance

South Africa and Rwanda lose access to U.S.’ AGOA trade pact

39 min ago·The Japan Times·1 min read

Economy · Finance

Nigeria: Currency Outside Banks Rises 104 Percent in 3 Yrs - CBN

40 min ago·AllAfrica·1 min read

Economy · Finance

Blackstone president calls for more equity to fund AI buildout as debt risks mount

43 min ago·CNBC · World·1 min read

Tough Christmas looms as rates and inflation hit household budgets

Part of an ongoing event

Related