The Reserve Bank of Australia (RBA) deputy governor Andrew Hauser says interest rates will likely need to rise again if inflation pressures do not ease as expected. He warns that the RBA will act if “upside risks” to inflation “crystallise,” adding that prices remain too high.
Both outlets report Hauser’s message focuses on conditional rate action tied to whether consumer prices return to a lower path. The Bloomberg account frames the statement as a need for rates to “rise again” if prices fail to come down, while The West Australian emphasizes the likelihood of further hikes if inflation risks become more certain. In both versions, Hauser signals the RBA is monitoring inflation closely and is prepared to tighten policy further depending on developments in prices.
Overall, the reporting converges on the same core point: the deputy governor links future rate decisions to the direction of inflation and the extent to which risks move from possibility to realization.