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Showing 131 - 140 of 750 results for "CPI"

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... investing environment with increased uncertainty. Hobby horse That said, if it's going to get harder for super funds to beat a CPI-plus target, then the practice of applying inflation objectives to short-term products may need a rethink. In Lill's ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... and the unemployment rate dipped to 3.5% in February from 3.7% in January," he said. The February retail trade and monthly CPI indicator are the final two pending. "... both [to be] published next week, could make or break the case to hike or pause," ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... revolutionising the way the Islamic community in Australia can invest. The Meezan Islamic Growth model portfolio targets a return of CPI plus 4.5% per annum from a portfolio of 10 to 30 Australian and international holdings predominantly made up of mid ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains a challenge, RBA governor Phillip ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... today and mark the fourth consecutive quarterly rise greater than any seen since the introduction of GST in 2000. The annual CPI increase came in at 7.8%, the highest rate seen since 1990. While it didn't hit the Reserve Bank of Australia's expectation ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... rising medical expenses could make matters worse. "Analysis does reveal that the health component of the consumer price index (CPI) has been consistently higher than the overall CPI measure for the past 20 years, with the exception being the spike in ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. Inflation in the US has risen 6.5% over the past year, but the latest data also shows a cooling trend for the sixth consecutive month. US ...