Consumer Price Index

Aussies have been warned it is unfair to tell Centrelink recipients to 'get a job' - as the debate over welfare benefits reignites and benefits rise again.From this week, five million Aussies will receive a cash boost of up to $20 every…
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By Stephen Johnson, economics reporter for Daily Mail Australia Published: 11:30 PM EDT, March 18, 2024 | Updated: 00:04 EDT, March 19, 2024 <!-- <!-- --> <!-- …
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Inflation fell to 4.1 percent through December This represented a large drop from 5.4 percent in September Consumer price index now at its lowest level in two years By Stephen Johnson, economics reporter for Daily Mail…
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Financial expert David Koch is recommending Australians buy a property in a smaller capital city or invest in healthcare stocks as interest rate rises bring the economy to a standstill amid a cost-of-living crisis.The former Sunrise host,…
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By Stephen Johnson, economics reporter for Daily Mail Australia Published: 7:56 PM EST, November 28, 2023 | Updated: 9:32 PM EST, November 28, 2023 <!-- <!-- --> <!--…
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Since Labor came to power 18 months ago, Australia has been denied a real wage increase due to high inflation.By the time wage growth finally catches up with inflation in 2024, the average worker would have lost three years of losing their…
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The Reserve Bank's new governor has hinted that baby boomers are to blame for Australia's cost of living crisis, after interest rates rose for the thirteenth time in eighteen months.Michele Bullock, herself a boomer, warned inflation would…
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Australian borrowers have survived the 13th rate hike in 18 months, taking the Reserve Bank's cash rate to a 12-year high of 4.35 per cent, while inflation remains 'higher for longer'.Michele Bullock has presided over her first rate hike as…
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Inflation is falling but STILL too high: Cost of living rose 5.6 per cent last month – as Australia looms into recession Inflation remains high despite 12 rate hikesConsumer price index increased by 5.6 percent in May By…
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President Joe Biden has conceded that inflation remains stubbornly high, after a key measure of prices blew past expectations, dashing any hopes that consumer price increases had peaked.The Labor Department's report on Friday showed that…
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