Here are headline real costs (relative to CPI) for Australia, using quarterly ABS Consumer Price Index data up to September 2023: Technical note: Private motoring is a combination of factors, including motor vehicle retail prices and automotive fuel. The cost of motor vehicles was in decline ...
Australian EconomyJune 15, 2023 Rampant money-laundering, foreign buyers, put squeeze on renters, first home buyers – Michael West ANZ CoreLogic’s Housing Affordability Report for 2023 revealed it takes an average of 14 years for a person living in the Greater Sydney Area to save for a house...
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property prices, employment, and the Australian dollar's value. Other research and analysis cover the country'sConsumer Price Index(CPI), Australian National Accounts, and detailed factors impacting labor supply and demand.
The June quarter CPI figures are due for release on July 27.
However, they potentially have important implications for the conduct of monetary policy, as the electricity price is one important component of CPI inflation. Therefore, future studies shall aim at further investigating the relevance and the magnitude of these effects as well as the pass-through on...
On a monthly basis, CPI rose by 0.1% in June 2024, the same rate as in June 2023. The GBP appreciated after the release due to the beat in expectations. Australia’s employment change figure was reported on the 18th and was higher than expected while the unemp...
supplement their pension won’t cause any substantial, immediate changes in its portfolios. Delaney notes that members on a part age pension, in effect, have about $500,000 in a government bond linked to CPI. “So they can afford to be a little more adventurous in their other investments....