High inflation to trigger rate hike; Woolies wins in supermarket wars; Star’s $260m fine

Thursday 29 October 2026

Hot inflation figures point to a fifth rate rise this year on Tuesday. 

• The federal government under pressure over spending
• Woolworths looks to be gaining in the supermarket wars, posting a solid jump in sales
• Star Entertainment hit with a $260m fine, raising questions about its viability
• The Israeli election result remains on a knife’s edge, with the two Arab parties in Israel set to hold the balance of power

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