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Showing 71 - 80 of 362 results for "Electricity"

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... Marquardt said that by excluding these changes to rent assistance, rents would have increased 8.8% in the period. "Electricity prices have risen 8.8% since June 2023. Excluding the rebates, electricity prices would have increased 19% over this period," ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... rise since August 2021. Rent prices are up from 7.6% in the prior month, as the rental market remains tight, while electricity prices rose 12.7% and gas 12.9% in the 12 months to August, reflecting increases in wholesale prices. The ABS said fuel prices ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters nationally ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... may also impact inflation. "This is because energy prices have a sizeable direct impact on inflation, with retail electricity and gas prices accounting for around 3% of the CPI basket," she said. "There are also indirect effects, as businesses can be ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... said. "They also observed that weak productivity was contributing to strong growth in unit labour costs. Furthermore, electricity prices had risen substantially on 1 July; while this was expected and had been incorporated in the staff forecasts for some ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... led to inflation outbreaks," Mousina said. These issues range from flooding, which drove up fresh food prices, to electricity prices, which began to climb following a series of price rises in the Northern Hemisphere. AMP forecast that inflation will ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... inflation is still broad-based and rates for financial services, insurance, food, non-alcoholic beverages, housing costs, electricity, recreation and culture all passed a peak, but generally remained elevated. Marquardt added it can be helpful to exclude ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... the cores of this framework will be the $23 billion that has been committed to 'rewiring' Australia's electricity grid and $17 billion that has been committed to economic sectors such as Australia's resources sector to promote the capturing ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... billion worth of bill relief which will see over five million households benefit from reductions of up to $500 on their electricity bills, and eligible small businesses up to $650. Workers receiving quarterly super: Workers who are currently paid superannuation ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... Canada's British Columbia Investment Management and Qatar Investment Authority. The NSW government retains 49.6% of the electricity distributor. The sale price was not disclosed by Rest. At the time it acquired the stake, the NSW government gained $7.62 ...