Inflation: Has Australia Hit Its Speed Limit?

Inflation: Has Australia Hit Its Speed Limit?

From CommBank View: Economics & Markets by LiSTNR

March 24, 2026 · 27 min · Season 2 · Episode 3

About this episode

The episode discusses the challenges of inflation in Australia and explores the factors driving it, including economic growth limits and geopolitical influences.

Inflation has become one of the defining challenges for the Australian economy, but why did it take off and has Australia already hit its economic “speed limit”? Host Mandy Drury speaks with CommBank Head of Australian Economics Belinda Allen about how inflation re-accelerated and why the Reserve Bank of Australia had already begun tightening policy even before the latest escalation in the Middle East. From strong demand across households, government and business to constraints on supply, they explore what is driving inflation and how close Australia is to its limits on growth. Belinda unpacks how different geopolitical scenarios, from a quick de-escalation to a prolonged disruption in energy markets, could shape the outlook for the Australian economy. She also explains the role of fiscal policy, and what it all means for the RBA’s next moves. Plus, CommBank’s Lucinda Jerogin shares the key focuses for markets in the week ahead. Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the…

People in this episode

Host: Mandy Drury

Guest: Belinda Allen

Topics covered

  • inflation
  • Australian economy
  • economic growth
  • geopolitical scenarios
  • fiscal policy
  • Reserve Bank of Australia

Keywords

  • inflation
  • economic speed limit
  • Reserve Bank of Australia
  • geopolitical scenarios
  • fiscal policy
  • Australian economy
  • market outlook

Mentioned in this episode

Organizations: CommBank, Reserve Bank of Australia, Global Economic & Markets Research, Commonwealth Bank of Australia

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