Business News

Inflation isn't the 6.1% they say it is – for many of us, it is much lower

Written by Ben Phillips, Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University

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We learnt last week inflation is officially 6.1% – way above the average over the past 20 years of 2.5%. This is right in the middle of the Reserve Bank’s 2-3% target band.

But although the rate is now 6.1%, not everybody faces it. It depends on what you buy.

And there’s one big anomaly right now.

The...

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Inflation isn't the 6.1% they say it is – for many of us, it is much lower

SBCo Appointed Strategic Communications Partner for THE PILLARS - Sydney’s Private Members Club

Will this budget really make housing fairer for more Australians? It’s a good start

Climate risk is changing where investors put their money – even as NZ relaxes disclosure rules

Despite some wins, this budget won’t transform regional Australia

Feeling the pinch? Here are some ways to find savings – and even fight inflation

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Traditions of Rural Bali at Villa Sabana

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL

City Entices Entrepreneurs to Newcastle

Airline policies mandating vaccines will be a turbulent test of workplace rights

It's time to end Western Australia's $4 billion-per-year GST bonus

SME support in Federal Budget falls short of easing business pressures

Bunji dog treats to hit Ritchies shelves

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“Time is running out to get Payday ready,” Brighter Super urges

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