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The Latest Breaking News from ABS

Inflation may now have peaked. The RBA must tread carefully

The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed

The Guardian - AU

Inflation declines in October, offering some hope to cash-strapped shoppers

It feels like Australians have been bleeding money, so today’s announcement that inflation has eased slightly will come as a shock to many.

The New Daily

Dip in Australia’s inflation rate in October raises hopes price rises may have peaked

Headline CPI rate eases from 7.3% to 6.9%, lower than economists’ expectations, but fuel prices still rose as full excise rate returned

The Guardian - AU

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Inflation surprisingly eased last month as supply bottlenecks cleared

Inflation eases slightly in October, according to new monthly Bureau of Statistics figures, but the headline rate remains more than twice the Reserve Bank's target.

ABC News

Inflation down but consumer pain lingers

Cost of living pressures eased slightly last month, although it's still too early to call the turning point for inflation.

AAP

Cost of living data top of watch list

Fresh data will reveal how sharply costs are rising and how well households are faring as financial pressures mount.

AAP

One Nation senator Malcolm Roberts suggested there has been a decline in births related to COVID-19 vaccines. Is that correct?

One Nation senator Malcolm Roberts has suggested a "staggering decline" in births in data from the ABS is linked to COVID-19 vaccines. Is that correct?

ABC News

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COVID deaths highest among disadvantaged communities

Deaths due to COVID were also more prevalent in areas with greater socio-economic disadvantage such as in poorer areas and among migrant and Indigenous communities.

The Canberra Times

Michael Pascoe: Once more for the dummies – we need higher wages

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.

The New Daily

International flight bookings are finally on the incline. Here's what the latest data tells us about where Australians are travelling to

The answer to "where can I go?" is no longer merely "my living room" — like it was for many over the past two years. But has travel bounced back to pre-pandemic levels?

ABC News

As world population reaches 8 billion, Australian women are having fewer kids and at an older age

Brisbane mum Bernie Turnbull always knew she wanted kids, but like many Australian women her path to motherhood was anything but straightforward.

ABC News

All eyes on wages and employment data

Wages and employment figures will hog the limelight this week and inform the central bank's interest rate hiking trajectory.

AAP

Inflation's cost-of-living pinch hits mortgage borrowers, low-income and older households

As inflation continues to rise, the surging cost of living is hitting some types of households much harder than others.

ABC News

New data shows the economy is going to slow significantly over the coming two years

ABS and CommSec data shows there are already signs of a slowdown as average household spending goes up 15 per cent in the past five years.

ABC News

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AAP

Second, third jobs become the new normal

Workers have been taking on side hustles in record numbers as the cost of living crisis continues to bite and demand for skills remains fierce.

ABC News

Australia's average life expectancy jumps to third globally behind Monaco and Japan, ABS data shows

Australia's life expectancy is now ranked third in the world. The new data takes into account the first two years of COVID, but 2022, the deadliest year of the pandemic, is yet to be counted.

Birmingham Post

New name revealed for Exeter's Bertram Law after investment and office move that includes champagne bar

Bertram Law has become Bertram Fairbanks after Andy Fairbanks joins the company as an investor and co-director.

AAP

Aust life expectancy up despite COVID

The average Australian's life expectancy rose during the COVID-19 pandemic, one of the few nations to experience an increase.

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The Guardian - AU

Now that Australia’s house prices are falling, does the RBA really need to raise rates yet again?

The Reserve Bank is still on its quest to kill inflation, but what exactly still needs to be put to the sword?

ABC News

Rising grocery prices are pushing up inflation. Here is why bread, milk and mince are costing more

The official verdict is in. Inflation has experienced its steepest rise in 32 years. So why are basic goods costing more?

ABC News

The Loop: All Medibank customers impacted by cyber attack, annual inflation hits three-decade high

Get up to speed on today's headlines with The Loop.

AAP

Inflation, budget on watchlist this week

The latest consumer price index figures are set to be released after the federal budget is handed down on Tuesday.

ABC News

Boomers three times more likely to own a house outright than Millennials at the same age, ABS data reveals

More than 65 per cent of Boomers owned their own homes when they were aged 25-39, compared to just 54 per cent of Millennials now.

The Guardian - AU

Australian census data confirms everything millennials suspected about boomers and the lottery of life

The Spice Girls generation may be better educated, but it hasn’t helped them gain economic security

The Guardian - AU

Australia’s jobless rate is steady as she goes – and so too is the economy

Unemployment has come in at 3.5% for the second month in a row. That’s good news for economic growth – if people have jobs, they’re more likely to spend

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