inflation australia news

Australia's inflation rate has come within its target range

Australia's inflation rate has come within its target range, but rate cuts likely won't come anytime soon

The RBA had expected inflation to fall. RBA Gov. Michelle Bullock said that inflation is expected to climb above the target range again when government reliefs expire.

EconoTimes · 4d

Australia Inflation Drops to 3-Year Low in August, Core Rate Remains Above Target

Australias consumer inflation reached a three-year low in August, driven by falling diesel prices and electricity rebates. Despite this, core inflation remains above the Reserve Bank of Australias 2-3% target,

Seeking Alpha · 5d

Australia: Inflation Falls Within The Target Range

The headline inflation rate has fallen within the Reserve Bank of Australia’s target range for the first time since October 2021.

Sky News Australia · 4d

Australia’s inflation falls to lowest level in three years

Australia’s inflation has fallen to its lowest level in three years. According to the Australian Bureau of Statistics, inflation dropped to 2.7 per cent in August – down from 3.5 per cent in July. The decline is partly due to the government’s energy bill rebates,

Australia's Sept home prices rise modestly, rents barely grow

Australia's home prices rose at a tepid pace in September, with a jump in listings to a three-year high and lower auction ...

Australia’s Monthly Inflation Eases to Lowest in Three Years

A partial gauge of Australian inflation cooled in August as government assistance to cushion the impact of energy costs ...

At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters

Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...

19h

Australia Posts Budget Surplus for Second Straight Year

SYDNEY (Reuters) - Australia has achieved a second consecutive budget surplus, standing at A$15.8 billion ($10.91 billion) for the year to June 2024, the centre-left government said on Sunday, helped ...

FXStreet4d

Australia: Inflation falls to three-year low, opening door to RBA rate cut in 4Q – UOB Group

“The Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% following its 24 Sep meeting, as expected, and ...

4don MSN

Australia central bank warns households against over-borrowing once rates fall

Australia's central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall ...

Townsville Bulletin5d

Both headline and underlying inflation ‘coming down’ in Australia

Deloitte Access Economics Lead Partner Pradeep Philip says both headline and underlying inflation are “coming down” in ...

Germany annual CPI inflation softens to 1.6% in September

Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), declined to 1.6% on a yearly basis in ...

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