Inflation rate compared to previous year8.53%8.53%7.27%7.27%7.58%7.58%7.23%7.23%3.31%3.31%0.97%0.97%1.75%1.75%1.93%1.93%4.63%4.63%2.65%2.65%0.23%0.23%0.86%0.86%1.41%1.41%4.46%4.46%4.41%4.41%3.05%3.05%2.73%2.73%2.34%2.34%2.66%2.66%3.55%3.55%2.36%2.36%4.35%4.35%1.77%1.77%2.86%2.86%3.36%...
Inflation-adjusted wages have begun rising and should continue to increase this year. But the damage caused by the cost-of-living crisis has been so large that a full recovery may take an extended period of time, perhaps 5-10 years. For organisations with stagnating wage growth, recruitment t...
The Australian auto financing sector has undergone a structural shift in the past three years. Banks have for the most part divested the more regulatory capital-intensive and noncore assets such as auto receivables, opening the way for greater nonbank financing of motor vehicles. This has stoked...
Surging inflation is at the centre of this uncertainty, which has increased the cost of key inputs for many major industries and put pressure on real discretionary incomes for Australian households. The headline rate of inflation stands at its highest in 21 years, at 5.1%. The COVID-19 ...
The sample period is bisected, to begin in 1998 around five years into the Reserve Bank of Australia's formal inflation targeting period. The standard deviation of yields is 270bps in the period 1986 to 1997, but only 45bps from 1998 onwards confirming that a re-estimation of the model ...
Over the past two years there have been significant changes in the manufacturing and employment landscape, particularly with the announcement of the closure of the three car manufacturers – Ford, Holden and Toyota. Such unprecedented changes in the manufacturing and employment landscape places increased...
I’ve been putting out similar posts in past years, and commentary in this post will mostly be around recent year trends. See other similar posts for a little more discussion around historical trends (December 2022, January 2022, December 2020, December 2019, December 2018). Vehicle kilometres...
For a start it can’t be spiralling wages as they have been stuck in the doldrums for years while corporate profits have surged and executive bonuses have ballooned. So we need to look elsewhere. Inflation! Or is somebody having a lend of us? – » The Australian Independent Media Network...
“It's truly remarkable,” former player Feliciano Lopez said, “what he has achieved in the last three years.” Alcaraz and Sinner already are establishing quite a head-to-head rivalry, one that already has shown glimpses of the potential to become as m...
Australia’s central bank lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose from 0.1% to 0.35%. (AP Photo/Mark Baker) 4 of 8 | A woman walks past the outside of the Reserve Bank in Sydney, Australia, Tuesday, May 3, 2022. Australia...