Australian Charities Warn Millions Will Need Food Support As Prices Rise Again | 10 News

By 10 News

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There is more evidence today that Australia is losing the battle with inflation. The latest figures show prices rising by 4 per cent over the past 12 months. That's despite all the interest rate pain this year, which was designed to bring inflation under control. Welfare groups say yesterday's decision by the Reserve Bank to raise rates to a 15-year high will put pressure on emergency food and housing. Join the conversation and follow us on: X: https://x.com/10NewsAU Facebook: http://www.facebook.com/10NewsAU/ Instagram: http://www.instagram.com/10NewsAU/ TikTok: https://www.tiktok.com/@10NewsAU LinkedIn: https://www.linkedin.com/company/10newsau 10 News airs at 5pm, seven nights a week in your local market on Network 10. Missed the bulletin? Catch up at https://10.com.au/news 10 News is based in Australia and is a division of Paramount.

Tags: Auspol, Australia, Cost of living, Food Bank, Food Support, News