Lower inflation for older Australians

From

Selected Living Cost Indexes Alternate inflation measures: The Bureau of Statistics has found that the living cost index for Age pensioners rose by 0.1 per cent in the September quarter to be up 1.9 per cent over the year. The broader Consumer Price Index was up by 0.5 per cent in the quarter and up […]

continue reading

Reserve Bank can rest easy on inflation

From

Consumer price index Tame inflation: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.5 per cent in the September quarter, in line with expectations. In seasonally adjusted terms the CPI rose by 0.1 per cent. The CPI stands 2.3 per cent higher than a year ago. Underlying measures: The Reserve […]

continue reading

Global Outlook – Inflation decoupling

From

There has been a notable divergence in global inflation trends over the past year. Among the twenty large economies that we monitor, ten have seen an increase in consumer price inflation, while the other ten saw a decline. Among the countries where inflation has moderated, the majority are in the Eurozone, where inflation was forced […]

continue reading

Best retail sales in six years

From

Retail Trade; ANZ Job Ads; Weekly Petrol Prices; Inflation Gauge Retail trade rose by a larger-than-expected 0.6 per cent in June after a revised 0.3 per cent fall in May (previously down 0.5%). Annual spending growth rose from 4.9 per cent to 5.5 per cent. In the June quarter, inflation-adjusted retail sales fell by 0.2 per […]

continue reading

Education costs outstrip wages growth and inflation

From

Education costs have increased by 81 percent over the past 15 years* and have outstripped wages growth and inflation over the same period, research by Lifeplan Funds Management has shown. With the recent Federal Budget announcing initiatives that cast doubt of the long-term future of the Gonski education reforms, and changes that will increase the […]

continue reading

Biggest fall in home prices in over 5 years

From

Home prices; Inflation gauge; Manufacturing gauge Home prices drop: The RP Data – Rismark Home Value Index of capital city home prices fell by 1.9 per cent in May – the biggest fall since December 2008. Home prices are up 10.7 per cent over the year. Manufacturing improves: The Performance of Manufacturing index rose by 4.4 points […]

continue reading

Tame inflation result soothes RBA nerves

From

Consumer Price Index Tame inflation: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.6 per cent in the March quarter, below expectations for a lift of around 0.8 per cent. In seasonally adjusted terms the CPI rose by 0.5 per cent. The CPI stands 2.9 per cent higher than […]

continue reading

RBA Governor promotes interest rate stability

From

Reserve Bank Governor Testimony The Reserve Bank Governor has delivered testimony to the House of Representatives Economics Committee. The Governor has delivered his clearest statement yet that the economy is lifting and the focus is now on ensuring that the inflation is contained, households don’t over borrow and, more importantly that growth is manageable. The […]

continue reading

Home prices surge; Manufacturing contracts

From

RP Data Rismark Home Prices; Manufacturing gauge; TD Inflation Gauge Home prices rose for the eighth consecutive month: The RP Data – Rismark Home Value Index reported that capital city home prices rose by 1.2 per cent in January to be up 9.8 per cent over the year. Total returns on capital city houses were up 14.7 […]

continue reading

Inflation lifts rate cuts of the agenda

From

Consumer price index Inflation lifts: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.8 per cent in the December quarter, above expectations for a lift of around 0.4 per cent. In seasonally adjusted terms the CPI rose by 0.9 per cent. The CPI stands 2.7 per cent higher than […]

continue reading