Australia news LIVE : Chalmers says inflation still lower than expected after rise , but another rate hike on horizon ; Crew members , passengers intervene after midair pilot stabbing

Australian Treasurer Jim Chalmers has reported that national inflation remains lower than initial projections despite a recent rise, though he cautioned that the possibility of further interest rate hikes remains. The economic outlook continues to be a primary focus for government officials as they monitor fiscal data.

In a separate incident, a midair emergency occurred when a pilot was stabbed during a flight. Passengers and crew members intervened to subdue the attacker and address the situation, preventing further escalation of the midair security threat.