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Today’s release by the ABS of the Cost of Living Indexes show that the cost of living is starting to more closely reflect the measure of inflation (as measured by CPI). In previous quarters we have seen cost of living increases for most households holding well below the rate of …read more
Not known for letting the facts ever get in the way of a good (?) story, the Cairns Post today runs an article which claims that families and young professionals are struggling to make ends meet as “living costs continue to soar”. The basis for this claim is their State of the …read more
Today’s release by the ABS of the Cost of Living Indexes show clearly that, despite the pick-up in inflation seen in the 4th quarter (see our post here), the bulk of households are actually experiencing cost of living increases still well below 2%. The Cost of Living Indexes are designed to …read more
The markets have been surprised this morning by a sharp uptick in the rate of inflation. Headline CPI rose 0.8% in the final quarter of 2013 for an annual increase of 2.7% (up from 2.2% the previous quarter). The more closely followed “core” inflation of trimmed mean and weighted median …read more
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