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Showing 21 - 30 of 217 results for "CPI inflation"

Bullock keeps cash rate at 4.10%

KARREN VERGARA | WEDNESDAY, 4 OCT 2023

... and fuel prices have risen noticeably of late. Rent inflation also remains elevated. The central forecast is for CPI inflation to continue to decline and to be back within the 2-3% target range in late 2025," she said. Head of Deloitte Access Economics ...

Inflation rises to 5.2%

CASSANDRA BALDINI | THURSDAY, 28 SEP 2023

... increased by 13.9% compared to 12 months ago, while food and non-alcoholic beverages were down from 5.6% in July. "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday travel," explained ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN | FRIDAY, 22 SEP 2023

... service sector inflation is projected to stay high, with potential for month-to-month variability. Twelve-month CPI inflation fell 6.7% in August, falling short of prior Committee forecasts by 0.4%. Core goods inflation weakened, declining from 6.4% ...

Inflation rises to 6.8%

CASSANDRA BALDINI | THURSDAY, 1 JUN 2023

... rise following the halving of the fuel excise tax in April 2022, originally unwound in October of the same year. "CPI inflation is often impacted by items with volatile price change such as automotive fuel, fruit and vegetables and holiday travel," said ...

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN | THURSDAY, 13 APR 2023

The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

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

ANDREW MCKEAN | WEDNESDAY, 8 FEB 2023

... 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 Lowe said. ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN | MONDAY, 31 OCT 2022

... On the RBA decision, BetaShares chief economist David Bassanese said: "Despite this week's higher than expected CPI inflation result, there remains a good case for the RBA to stick with only a 25-basis point interest rate increase on Melbourne Cup day." ...

RBA signals further interest rate rises

ANDREW MCKEAN | WEDNESDAY, 7 SEP 2022

... since the early 1990s and is expected to increase further over the months ahead. The Bank's central forecast is for CPI inflation to be around 7.75% over 2022, slightly above 4% over 2023 and 3% in 2024. Likewise, 72% of economists and experts in Finder's ...

China records historic trade surplus

ANDREW MCKEAN | FRIDAY, 12 AUG 2022

... pressure on headline CPI being driven by ongoing increases in food costs (led by pork prices). While China's CPI inflation is lower than levels seen in the US, European Union and other emerging markets, Barclays maintained that the overtopping of ...

US inflation drops to 8.5%

CASSANDRA BALDINI | THURSDAY, 11 AUG 2022

... inflation remains uncomfortably high. "Looking ahead, recent developments in energy prices suggest that headline CPI inflation will remain on a gentle downward trend in August. However, while headline inflation might have peaked in June, it is set to ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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