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,

FXStreet · 5d

Australia’s inflation falls to 3-year low, Aussie dips lower

The Australian dollar has edged lower on Wednesday, after surging 1.1% since the start of the week. In the European session, AUD/USD is trading at 0.6879, down 0.18%. Earlier, the Australian dollar rose above the 0.69 level for the first time since February 2023.

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 · 23h

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 · 11h

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’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 ...

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 ...

The PIE News1h

UK Universities call for tuition fee rise in line with inflation

UUK has released a report with key recommendations for the government to stabilise universities' funding and maximise their ...

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 ...

Australia Inflation At 3-Year Low

Australia's inflation slowed to a three-year low in August on falling auto fuel and electricity prices, the Australian Bureau of ...

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 ...

German Inflation Falls Further Below ECB Target, Raising Chance of October Rate Cut -- 2nd Update

German inflation declined further below the European Central Bank's 2% target in September, further raising the chance of a consecutive interest-rate cut at the bank's next meeting in October.

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