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A sharp drop in the price of crude oil promises cost-of-living relief for Australians not only at the petrol station but also ...
Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The ...
Australia’s consumer price index inflation readings exceeded expectations in the first quarter, but year-on-year core prices fell within the Reserve Bank of Australia’s target range for the first time ...
Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, ...
While Labor inherited inflation pressure as Australia emerged from the pandemic ... some economists say high government spending has helped fuel higher prices. KPMG chief economist Brendan ...
This was higher than the Reuters expectations of a 2.3% climb, and unchanged than the 2.4% rise in the last quarter of 2024.
The key trimmed mean measure of core inflation increased by 0.7% in the quarter, again above forecasts of a 0.6% gain. The ...
Australia’s cigarette prices rank among ... Thirdly, putting the impact of food and fuel aside, core inflation on a seasonally adjusted basis edged higher to 0.7% QoQ. This was driven by non ...