Low inflation to end rate hikes?; Qantas record flight; ASIC warning on offset accounts

Thursday 30 July 2026

Softer than expected inflation figures raise hopes of an end to the rate hiking cycle. 

• The local sharemarket surges one per cent and is now not far off its all-time high
• Qantas’s new Project Sunrise plane sets a record for a non-stop flight
• The corporate watchdog tells customers to check their offset accounts to make sure they are getting what banks promise
• Rio Tinto’s boom earnings and dividend

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