The Latest Breaking News from Michelle Marquardt

Australians’ wages increase faster than inflation for fourth quarter running

ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures

The Guardian - AU · Nov 13, 2024

Australia’s inflation rate eased to 4.9% in July, down from 5.4% in June

Larger than expected fall reduces likelihood Reserve Bank of Australia will raise interest rates again

The Guardian - AU · Aug 30, 2023

Australia’s wage growth slightly weaker than expected in June quarter

The wage price index figures show that despite a tight labour market, there has not been a breakout in wage growth

The Guardian - AU · Aug 15, 2023

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 · Nov 30, 2022

Inflation overtakes wages as fuel, food costs soar

Australian wages have not kept pace with inflation.

The Canberra Times · May 18, 2022

Australia faces prospect of pre-election rate rise as inflation and consumer prices soar

Annual CPI rate rise to 5.1% was higher than expectations and reflects higher fuel and food costs, sparking fears of an interest rate rise

The Guardian - AU · Apr 27, 2022

House price boom fuels inflation spike

Stronger house prices and a spike in fuel has prompted Australia's inflation rate to spike.

Newcastle Herald · Jan 25, 2022