Squiz Today Inflation is on the rise, and Stranger Things is belatedly back
Nov 26, 2025
Inflation is making headlines, now at 3.8%, prompting political repercussions and debates about public spending cuts. In tech news, another Optus outage is under scrutiny, attributed to vandalism. The eagerly awaited return of Stranger Things has fans buzzing over its fifth season’s release timeline. Meanwhile, peace talks involving Ukraine see some progression. And don’t miss the quirky trivia segment to cap off this entertaining news roundup!
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Inflation Back Above RBA Target
- Australian inflation rose to 3.8% in the year to October, its highest since June last year.
- The trimmed mean also climbed to 3.3%, pushing rates outside the RBA cut target of 2–3%.
Housing Inflation Drives Policy Pressure
- Housing costs were a major contributor, driven by energy, building costs and rent increases.
- Economists now see a December RBA rate cut as very unlikely given inflation readings outside the target range.
Jimflers And Political Blame
- Treasurer Jim Chalmers faced political heat with opposition branding the issue 'Jimflation'.
- Chalmers rebutted by noting inflation is much lower than when Labor took office in 2022.