The director of a major music festival has said the Reserve Bank is to blame for the multitude of events that have been forced to cancel this year. Splendor in …
Consumer Price Index
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- Australia
Inflation might be slowing in Australia but these five things are still outrageously expensive
by Elijahby ElijahCereal and cigarette prices continue to rise in Australia despite headline inflation easing. The consumer price index rose 3.4 per cent, which is now only marginally above the Reserve Bank’s …
- Australia
The hidden hurdles of employment for Centrelink recipients – and the unfair comments many Aussies make
by Elijahby ElijahAustralians have been warned it’s unfair to say “get a job” to Centrelink recipients – as the debate over welfare payments resumes with another increase in benefits. From this week, …
- Australia
Reserve Bank chief Michele Bullock admits she was ‘surprised’ that house prices surged as interest rates rose – even though record immigration has pushed up demand
by Elijahby ElijahReserve Bank Governor Michele Bullock admitted she did not realize house prices would rise so fast as interest rates continued to rise. “We were surprised when they started to rise …
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Australians are divided as Centrelink recipients receive cash support when indexation of payments takes effect today. Centrelink payments are indexed every six months for inflation, with the 1.8 per cent …
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The Reserve Bank has issued a chilling warning to all Australian borrowers hoping for mortgage rate relief in the coming months. The cash interest rate remained unchanged Tuesday afternoon at …
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By Olivia Day for Daily Mail Australia Published: 3:36 p.m. EDT, March 18, 2024 | Update: 8:42 p.m. EDT, March 18, 2024 <!– <!– <!– <!– <!– <!– <!– Around …
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Yemen’s Iran-aligned Houthis fired naval missiles at the British ship ‘LYCAVITOS’ in the Gulf of Aden, the group’s military spokesman Yahya Sarea said in a televised speech today. The Yemeni …
- World
Brits face a battle to buy a barbecue this summer – or any garden furniture – as Houthi rebel Red Sea crisis hits supplies (and buying a new fridge will cost you more too)
by Alexanderby AlexanderBritons could face severe price rises and shortages of important household items such as white goods, sofas, garden furniture and barbecues this summer due to rising shipping costs caused by …
- US
Inflation slows to 3.1% in January – but is still hotter than expected and causes Dow and S&P to dive as investors all but rule out March rate cut
by Jackby JackUS inflation slowed to 3.1 percent in January, a smaller drop than expected By Neirin Gray Desai Consumer Reporter for Dailymail.Com and Reuters and Pa Updated: 09:06 EST, February 13, …