Cost of living up less than 2pc over the year despite surging fuel prices
Cost of living up less than 2pc over the year despite surging fuel prices
The introduction of child care subsidies and lower telecommunication charges helped soften the blow of more expensive fruit and fuel.
ABC News
ABC News
Australia third quarter inflation underwhelms, keeps rate rise distant
Australia third quarter inflation underwhelms, keeps rate rise distant
SYDNEY (Reuters) - Australian consumer prices stayed tepid last quarter while core inflation - a measure closely followed by the central bank - dipped, knocking the local dollar and cementing expectation any hike in interest rates is still some way off.
Reuters
Reuters
Australian dollar eases after lukewarm third quarter inflation, New Zealand dollar hold gains
Australian dollar eases after lukewarm third quarter inflation, New Zealand dollar hold gains
SYDNEY/WELLINGTON (Reuters) - The Australian dollar slipped on Wednesday after weaker-than-expected inflation data cemented views policy will remain accommodative for a long time to come, while its New Zealand cousin held near a one-week high.
Reuters
Reuters
Petrol prices are rising fast, but a knee-jerk reaction would be a terrible policy
Cutting the fuel excise would erode the budget bottom line and hurt efforts to fight climate change – so not just dumb, but dumb repeated
The Guardian - AU
The Guardian - AU
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Australia third quarter retail sales worst in one and a half years, bodes poorly for economy
SYDNEY (Reuters) - Australian retailers faced another month of sluggish sales growth as consumers, nervous about stagnant wages and tumbling house prices, curbed spending in a sign third-quarter economic growth could disappoint.
Reuters
Reuters
Australia dollar jumps on bumper trade surplus, New Zealand dollar firmer
SYDNEY/WELLINGTON (Reuters) - The Australian dollar edged higher on Thursday after the country's trade surplus swelled to a near two-year peak in September helped by a bumper run in resource exports, while the New Zealand dollar was also buoyant.
Reuters
Reuters