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.

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.

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,

Sky News Australia on MSN · 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 posts budget surplus for 2nd straight year

Bloomberg L.P. · 1d

Australia’s Second Consecutive Budget Surplus Larger Than Tipped

Australia posted back-to-back budget surpluses for the first time in 16 years. The underlying cash surplus was A$15.8 billion ($10.9 billion) in the 12 months through June 30 this

Reuters · 1d

Australia posts budget surplus for second straight year

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 by lower spending.

AAP on MSN · 13h

Bigger budget surplus not 'an end in itself'

Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.

Australia inflation slows to 3-year low in August, core also trends lower

Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while ...

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 ...

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 ...

5don MSN

Headline inflation drops to 2.7pc, down from 3.5pc, as energy rebates kick in

That huge slowdown in the pace of headline inflation was expected, but economists say it needs to be interpreted cautiously.

Forbes5d

Australian Inflation Rate: CPI Falls To 2.7%

Read our advice disclaimer here. Australia’s headline inflation rate has fallen to its lowest level in almost three years, coming in at 2.7% for the year to August, according to the Australian ...

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 ...

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