Australian inflation

On an annual basis, the economy grew by 0.8 percent, down from 1 percent in June, and below the expected 1.1 percent growth.

RBA holds cash rate steady as tight labour market delays inflation’s return to target, projecting stability by 2026.

Australian Bureau of Statistics on Oct. 30, revealed a drop in inflation to 2.8 percent, the lowest level ...

Economists are raising concerns about underlying inflation, particularly the trimmed mean inflation rate, which stands at 3.5 percent.

ABS data shows CPI inflation fell to 2.8 percent in September, down from 3.8 percent in June, driven ...

Chalmers ruled out changes to negative gearing. The review so far showed they wouldn't address the housing supply ...

Taylor accused the government of mismanaging inflation, while Gallagher claimed it has dropped by half since the Liberals’ ...

The new laws would target a wide range of industries, including ticket sellers and streaming services, to ensure ...

Daniel Keighran is selling 12 military service medals to look after his family of five.

Spending on services did rise 0.4 percent in August, led by increases in air travel, hotel accommodation, and ...

The IMF believes Australia's economy is expected to recover gradually, with growth projected to begin picking up in ...

The minister's comments come as new ABS figures reveal a 3-year-low for Australia's inflation rate.

While inflation has fallen within the target 2 percent range, the RBA chief has already warned that this ...

RBA says inflation has significantly decreased since its 2022 peak, thanks to higher interest rates that have aligned ...

Finance Minister Katy Gallagher says Australia's interest rate is still lower than the United States, even after today’s ...

The study says that government spending has surged by 94 percent since 2014.

'If small and family businesses are the 'engine room of the economy', we have lost a cylinder in ...

The US Federal Reserve has signalled cuts at its next meeting in September. The question now is: will ...

Average full time workers saw an increase across the board of 4.2 percent for the year.

It will probably take another two years for inflation to return to a midpoint of 2.5 percent, meaning ...

The cost of daycare has risen by 9.1 percent, an inquiry has found.

The International Monetary Fund (IMF) has warned a slowdown is on the cards for Australia's economy, despite the ...

Farmers at the mercy of supermarket giants as cost-of-living pressures pile on are calling for an inquiry into ...

The move follows the opposition leader's decision to call for a boycott of Woolworths Supermarkets over Australia Day ...

Rising rental prices are likely to limit progress on inflation in Australia this year based on United Nations ...

A popular Japanese restaurant chain in Australia has seen over 30 percent of its restaurants enter voluntary administration.

The government says it has banked 92 percent of revenue improvements since the May budget.