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Inflation spikes, rates set to rise; ASX falls for 7th day; Aldi’s profit tumbles

Inflation spikes, rates set to rise; ASX falls for 7th day; Aldi’s profit tumbles

Published 5 days, 17 hours ago
Description

Thursday 30 April 2026

Interest rates are set to rise next week after inflation jumps to a near three year high. 

  • The ASX drops, matching the longest run of down-days since June 2022
  • OPEC, which has ruled oil markets for decades, is in crisis after one of its main members leaves
  • Aldi’s profit in Australia tumbles
  • G8 Childcare closes childcare centres as families dump the beleaguered operator

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