Inflation Drops to 2.7%, But It May Be An Illusion
/
September 25, 2024
//Comments are Off
Annual CPI inflation in Australia has dropped into the magical 2-3% band, with the Australian Bureau of Statistics (ABS) Monthly Consumer Price... Read More
Low Retail Sales Continued Growing In February
/
April 2, 2024
//Comments are Off
Australian retail sales saw a slight increase of 1.6% in February this year, compared to the same period in 2023, with cost-of-living... Read More
Unemployment Rises As Dollar Sinks
/
August 17, 2023
//Comments are Off
Australia’s unemployment rate has increased 0.2% in July, increasing by 36,000 people, with the unemployment rate now at 3.7% ABS head of... Read More
$15 a Dozen Eggs Affecting Market
/
July 12, 2023
//Comments are Off
With the price of a dozen eggs potentially to surge to as high as $15 a carton, consumers have become choosy with... Read More
OZ Retail Sales Jump Higher Than Expected
/
June 29, 2023
//Comments are Off
May retail sales were up by 0.7 per cent on-month, well ahead of analyst’s expectations of a modest 0.1 per cent jump.... Read More
Unemployment Rate Falls To 3.6%
/
June 15, 2023
//Comments are Off
The unemployment rate fell 0.1 percentage point to 3.6 per cent in May, according to ABS data. “With employment increasing by around... Read More
OZ Spending Growth Slows As Inflation Bites
/
June 6, 2023
//Comments are Off
Household spending rose 6 per cent in April year-on-year, not even keeping up with the artificial growth caused by rising inflation. According... Read More
Retail Spending Slows, But Department Stores Buck Trend
/
May 26, 2023
//Comments are Off
Australians are continuing to tighten their belts, with retail turnover remaining steady in April, despite high levels of inflation driving prices up.... Read More
Unemployment Jumps, Rate Rise Less Likely
/
May 18, 2023
//Comments are Off
Unemployment has jumped to 3.7 per cent in April, easing pressures on the RBA to deliver yet another rate rise next month.... Read More
OZ Wages Saw Highest Annual Growth Since 2012
/
May 17, 2023
//Comments are Off
Wages rose 0.8 per cent for the March quarter, up 3.7 per cent annually, according to today’s ABS data. This marks the... Read More