Australia news LIVE: Annual inflation remains steady, ABS figures show; MPs respond to news PM was forced to evacuate The Lodge over security threat
Sydney Morning Herald
by Emily KaineFebruary 25, 2026
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Australia’s annual inflation remains steady at 3.8% according to the latest ABS figures, with underlying inflation inching up to 3.4%. Rising electricity costs, driven by the end of federal subsidies and a 32.2% increase over the past year, are putting pressure on households and businesses. Meanwhile, food prices rose slightly last month, while transport costs fell due to easing petrol prices. The Reserve Bank will likely consider these trends when evaluating potential interest rate adjustments in the coming months.
In health news, NSW Health has issued a fresh measles alert after identifying two new cases. Several new exposure sites have been added, including Westmead Hospital’s emergency department and Sydney Airport. With 21 confirmed cases this year, officials are urging individuals who visited these locations to monitor for symptoms such as fever, rash, and cough. Dr. Christine Selvey emphasizes the importance of early detection and isolation to prevent further spread, especially as measles remains a significant risk despite Australia’s high vaccination rates.
The need for a resilient industrial base has been highlighted by Andrew Hastie, the Opposition’s industry spokesman. Speaking at REDARC Electronics in South Australia, Hastie called for an economy that functions like a “Swiss army knife,” capable of adapting to crises through advanced manufacturing. He emphasized the importance of designing and producing high-value, high-tech products domestically to ensure national self-reliance and sovereignty. This vision aims to address gaps in critical industries and boost economic resilience.
The steady inflation figures reveal ongoing challenges for Australian consumers, particularly in sectors like energy and food. The 32.2% rise in electricity costs underscores the strain on household budgets, while the absence of subsidies has amplified these pressures. Although other categories saw minimal changes—food prices rose slightly, transport costs fell due to petrol price reductions—it’s clear that inflation remains a key focus for policymakers as they assess potential interest rate adjustments.
The measles outbreak highlights vulnerabilities in public health systems despite Australia’s past success in eradication efforts. With 21 confirmed cases this year and new exposure sites identified, the risk of further spread
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Originally published on Sydney Morning Herald on 2/25/2026