The wage price index rose 0.9% in the first quarter, and by 3.4% from the same period a year earlier, the Australian Bureau of Statistics said Wednesday. Wages in the fourth quarter grew 3.2% on year.

The Melbourne Institute's inflation measure for Australia rose by 0.6% in April 2025, a slight dip from March's high but the ...

Australia's producer prices, as measured by the final demand PPI, grew by 0.9% in the first quarter of 2025. This was a ...

Australian retail sales rose modestly by 0.3% month-on-month, slightly lower than the forecasted 0.4%. Yet, this rise is the third straight month of an increase in retail turnover. Retail ...

Books may seem expensive in Australia, but they’re cheap when you take costs into account. For independent publishers, times ...

Oxford Economics Australia head of macroeconomic forecasting Sean Langcake said housing cost inflation was showing clear signs of easing. “New dwelling construction costs fell for a second ...

The key trimmed mean measure of core inflation increased by 0.7% in the quarter, again above forecasts of a 0.6% gain. The annual pace slowed to 2.9%, from 3.3%, taking it back into the Reserve Bank ...

The newswire reports economists and analysts are predicting the data will show core inflation falling faster than the Reserve Bank of Australia (RBA) has forecast. Ahead of the data’s release ...

SYDNEY (Reuters) -Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation slowed to a three-year low, highlighting the decline ...

SYDNEY, April 30 (Reuters) - Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the ...