Inflation is at its lowest in years,but shoppers like 23-year-old Anastasia Scoggin doubt they’ve seen any improvement.
A smaller-than-expected rise in prices through the September quarter has brought inflation down to 2.8 per cent – but it’s not enough for the Reserve Bank.
Consumers are gradually becoming more optimistic about their personal finances,according to three separate surveys.
The federal government spent $343 billion on combatting COVID-19. A review finds that while useful,some of that spending exacerbated today’s inflation pressures.
US bond yields have been on a tear since the Fed cut its policy rate last month,a counter-intuitive move that’s being attributed to a stronger than expected jobs market,and Donald Trump.
Nervous government backbenchers looking for budget handouts have been warned by Treasurer Jim Chalmers there will not be a pre-election cash splash.
WA led in three key categories,securing its position as the top state or territory for the quarter for the first time in a decade.
The Reserve Bank is facing a sea of red ink that will affect its operation and the federal budget bottom line for years.
After last month’s debate debacle,financial markets wrote down the odds of his return to the White House. This month,however,his prospects,as seen by the markets,appear to have strengthened significantly.
The prime minister has taken retail politics to a new level – straight into the nation’s supermarket aisles.
Central banks have created their own measures of inflation. But new research shows their metrics are missing the real price increases experienced by ordinary shoppers.