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Despite a rate rise, Australia's CPI will likely remain among highest in the world
Smart summary
The Reserve Bank of Australia has said the ongoing war in the Middle East is creating "substantial risks" for the economy and inflation in its decision to raise the cash rate on Tuesday. Australia's consumer price ind...
The Reserve Bank of Australia has said the ongoing war in the Middle East is creating "substantial risks" for the economy and inflation in its decision to raise the cash rate on Tuesday.
Australia's consumer price index (CPI) — a measure of the percentage change in the price of various household goods and services — could continue to sit above the bank's target for some time, economists have warned.
At its March meeting, the bank's board voted in a five-to-four decision to raise the official cash rate from 3.85 per cent to 4.1 per cent, a move that banks and economists widely anticipated.
BankRateCashCentDecision
The Reserve Bank of Australia has said the ongoing war in the Middle East is creating "substantial risks" for the economy and inflation in its decision to raise the cash rate on Tuesday.
Australia's consumer price index (CPI) — a measure of the percentage change in the price of various household goods and services — could continue to sit above the bank's target for some time, economists have warned.
At its March meeting, the bank's board voted in a five-to-four decision to raise the official cash rate from 3.85 per cent to 4.1 per cent, a move that banks and economists widely anticipated.
Regional councils are calling on the Australian Government to establish a $200 million funding program to help maintain regional airports, after a surve...
A rural Western Australian shire has asked the federal government to recognise the challenges of operating childcare services in small communities, wher...
Armidale Regional Council will replace an ageing cast-iron water main in Ampol and Miller Streets with a modern system, with construction scheduled to b...
Captain Smit Machchhar is recovering after allegedly being attacked by his co-pilot aboard a Flydubai flight bound for Israel. His longtime friend has d...
The Queensland Government has rejected a petition calling for stop signs across the state to be replaced with give-way signs. The petition, signed by 39...
Three men have been charged following an investigation into the alleged theft of 34 firearms, ammunition and jewellery from a property in Kanahooka, sou...
A man has died after his car struck a tree at Carrs Creek, north of Grafton, in New South Wales. Police have established a crime scene and are investiga...
The Bureau of Meteorology is warning of possible thunderstorms across southern Queensland during the King’s Birthday long weekend, with unsettled weathe...
Changes to Australia’s working holiday visa program have raised concerns among tourism and hospitality businesses in Far North Queensland, where backpac...
Queensland Police established an emergency exclusion zone in Kallangur, north of Brisbane, after receiving reports of an armed person inside a residence...
Captain Smit Machchhar is recovering after allegedly being attacked by his co-pilot aboard a Flydubai flight bound for Israel. His longtime friend has d...
