A higher US dollar isn't great news for global trade, but some Australian businesses and travellers have reason to smile.

BlackRock's chief investment strategist for the Asia Pacific, Ben Powell says if central banks lift rates too aggressively to fight inflation, they risk causing a recession.

The RBA has slowed the pace of interest rate rises, with the sixth straight hike being 0.25 of a percentage point. The big four banks are passing the rate hike on to borrowers in full.

Interest rate hikes are continuing to hit the property market, with capital city housing markets falling by up to 6 per cent in the past three months.

ACY Securities chief economist Clifford Bennett says the Reserve Bank has lifted the cash rate too hard and too late.

New data from the ABS shows consumer prices rose 6.8 per cent in the year to August, slightly down from 7 per cent in the 12 months to July.

UK government's mini-budget sparks financial market collapse, forcing Bank of England to launch emergency measures.

Motorists are set for an increase of 25 cents per litre on fuel when the excise reduction ends - and prices could increase even more before the Christmas holidays.

Morningstar chief market strategist Dave Sekera says while the stock market slide has many traders running for the exit, now is the time to buy.

As the government looks to boost the number of Australians driving electric vehicles, experts say there's a dilemma that could hold uptake back.