inflation

Quarterly Economic Update: Jan-Mar 2024

Aerial view of houses

The first quarter of 2024 saw the Government roll out considerable changes to the Stage 3 Tax Cuts, inflation continuing to slow but remaining stubbornly high across some areas, surging stock market highs and continuing pressures in the property sector.  Government Overhauls Stage 3 Tax Cuts  In January, the Labor government unveiled changes to the […]

Quarterly Economic Update: Oct – Dec 2023

Australian reserve bank's building

Global growth is forecast to slow and remain below its historical average in 2024, reflective of tighter monetary policy in advanced economies, as well as a soft outlook for China. Australians can expect higher prices, higher interest rates and higher population growth, with economic growth and unemployment decreasing. Inflation continues to bite With a new […]

Quarterly Economic Update: Jul – Sep 2023

A man walking with grocery bag

Australia’s annual inflation rate has taken an unexpected step up, increasing pressure on the Reserve Bank to push interest rates higher and once again raising the prospect that Australia will fall into recession sometime over the next few months. The annual inflation rate for the year to August reached 5.2 per cent, up from 4.9 […]