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Showing 11 - 20 of 898 results for "Holiday"

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... breathe a collective sigh of relief in a slowing economy. Philip pointed to Australians spending more fuel, energy, and holiday travel as the drivers behind higher levels of inflation. "If you exclude these items, underlying inflation in the year to ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday travel," explained ABS head of prices statistics Michelle Marquardt. "It can be helpful to exclude these items from the headline ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
The Australian Bureau of Statistics (ABS) reported a 14,600 drop in employment in July, deviating sharply from the anticipated rise of 15,000 by economists. In July, the unemployment rate increased to 3.7%, up from 3.5% the previous month, despite economists' ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... quarter of lower inflation. CPI rose by 0.8% over the June quarter, fuelled by higher rental prices (+2.5%), international holiday travel and accommodation (+6.2%), other financial services (+2.5) and new dwelling purchases by owner-occupiers (+1%). ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... consistently high inflation figures since last April. Excluding volatile items like fruit and vegetables, automotive fuel, and holiday travel, the ABS said the decline in inflation is more modest. "The annual increase for the monthly CPI indicator was ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... staff, team leaders, and management. Payment of overtime, shift loadings, weekend penalties, annual leave loading, public holiday loadings, minimum rate of pay, long service leave, redundancy, payments in lieu of notice, meal allowances, and superannuation ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... total stock of $538 billion and FDI of $135 billion in 2021," the federal government said. The FTA also amends working holiday visas. From 31 January 2024, Australians up to the age of 35, up from 30, will be able to apply for working holidays in the ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... "CPI inflation is often impacted by items with volatile price change such as automotive fuel, fruit and vegetables and holiday travel," said ABS head of prices statistics Michelle Marquardt. Alongside this, HSBC chief economist Australia and New Zealand ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... Orricchio added that, as of today, MLoan has invested in more than 130 companies, with zero payment defaults, zero payment holiday and zero deferral (notwithstanding COVID-19, Ukrainian war and so on). "Therefore, the track record there is very clean ...