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Showing 1 - 10 of 265 results for "Consumer Price Index"

Mixed inflation data keeps August RBA meeting a 'live' one

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
Australia's Consumer Price Index (CPI) rose 3.8% in the 12 months to June, down from 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). Housing came out to be the largest contributor to annual inflation for ...

Inflation cools, RBA facing 'uncomfortable trade-off'

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2026
The Consumer Price Index (CPI) rose 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). "Annual CPI inflation in May was 4%, down from 4.2% in the year to April," ABS head of prices statistics Rachael McCririck said. ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... expected to do it for peanuts," she said. The union noted the proposed wage increases sit below the current consumer price index of 4.2% and compare unfavourably with wage claims being pursued elsewhere in the Australian Public Service, where workers ...

Inflation skyrockets in March, RBA hike almost certain

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
The Consumer Price Index (CPI) rose 4.6% in the 12 months to March 2026, according to the Australian Bureau of Statistics (ABS). "March CPI inflation of 4.6% is up from the 3.7% annual inflation to February. Annual CPI inflation is the highest it's ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
The Consumer Price Index (CPI) rose 3.7% in the 12 months to February 2026, according to the Australian Bureau of Statistics (ABS). "The 3.7% annual CPI inflation to February eased slightly from the 3.8% annual CPI inflation to January," ABS head of ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... $10 million. For balances over $10 million a 40% tax rate applies. The thresholds will be indexed to the Consumer Price Index each year. For members on defined benefit (DB) schemes, Treasury put forth recommendations compiled by the Australian Government ...

Structural headwinds driving Australian capital offshore: Redican

RIDDHIMA TALWANI  |  TUESDAY, 3 MAR 2026
... keep renting which is further pushing up rents across the country. "Rents are the single largest part of the consumer price index basket. This is why inflation remains sticky," he said. "But of course higher interest rates, which limits the supply of ...

Inflation rises 3.8%, rate rise 'firmly in play'

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
The Consumer Price Index (CPI) rose 3.8% in the 12 months to January 2026, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to January was unchanged from December," ABS head of prices statistics Michelle Marquardt ...

Aussie veterans front Senate over underpaid pensions

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
... that money was paid to us in the first place." Williamson added that as his Age Pension gets indexed to the Consumer Price Index, his payments from the DFRDB are reduced. "... which means the full CPI is not actually being passed on to me," he said. ...

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... $10 million. For balances over $10 million a 40% tax rate applies. The thresholds will be indexed to the Consumer Price Index each year. If passed, the new tax will take effect on 1 July 2026, prompting members with large balances to carefully consider ...
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