Price rises are slowing but inflation remains persistent.
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UK inflation has been stubbornly high and interest rate hikes have not yet brought it in line with other advanced economies.
Dan Himbrechts/AAP
In this podcast, @michellegrattan and @amandadunn10 discuss the PwC scandal, Mark McGowans resignation, the PMs Singapore trip, and the inflation figures from the ABS
Canada’s first-ever grocery code of conduct is supposed to enhance transparency, predictability and fair dealing within supply chains.
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We need a comprehensive code of conduct that ensures the long-term sustainability of the industry, while also protecting consumers in the event of future supply imbalances.
Heading for the buffers? Bank of England Governor Andrew Bailey.
UPI
UK bonds are again close to the levels that caused a pensions crisis in autumn 2022.
Bola Ahmed Tinubu speaking at a Chatham House event, London, in December 2022.
Asiwaju Bola Ahmed Tinubu Facebook page
Nigeria’s debt profile is disturbing but shouldn’t hinder Bola Ahmed Tinubu’s ability to tackle unemployment and poverty.
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Change and communication across the food supply chain will help stop prices from rising further.
Budgeting for a rising cost of living.
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My research shows that UK price rises are likely to have been caused by high profits, falling wages and weak production over decades
Lukas Coch/AAP
The idea that cutting prices can stoke inflation is correct in theory, but rarely in practice.
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Washington’s protectionist industrial policy is fracturing trade and investment flows based on geopolitical considerations.
Minister of Finance Grant Robertson delivers his fifth Wellbeing Budget.
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Incremental and pragmatic, New Zealand’s fifth Wellbeing Budget tries to balance cost-of-living support with huge long-term investment challenges – all without frightening the inflation horses.
Peter Dutton delivers his budget reply in the House of Representatives.
Mick Tsikas/AAP
The bar was always too hard for Dutton. This week’s budget, whatever criticisms can be made of it, has been an elusive target for the Liberals
Lukas Coch/AAP
The RBA’s latest forecasts assume no further rate rises will be needed. There’s nothing in the budget that should change that.
Bright ideas for British business.
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A long-term view on building up British business is key to showing the UK is ‘open for business’.
Mick Tsikas; Dan Himbrechts/AAP
In this podcast, @michellegrattan canvasses the budget with Treasurer @JEChalmers, Shadow Treasurer @AngusTaylorMP and The Conversation's politics + society editor @amandadunn10
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A strong revenue flow, including from a pick-up in wages, appears to have made it possible for the government to do somewhat more on welfare payments than it originally intended
Protestors in Lagos rally against plans to remove the fuel subsidy in 2012.
Pius Utomi Ekpei/AFP via Getty Images
Fuel subsidy removal can benefit workers and poor Nigerians, if the process is carefully managed and implemented.
Prom is more than just a big dance party – and can cost a pretty penny.
AP Photo/Paul Ratje
Prom can be very expensive, but prices for clothes, photographers and other traditional gear haven’t climbed as much as everything else.
‘Surely we can avoid an economic crash? We can, but don’t call me Shirley!’
Paramount Pictures/Fathom Events
The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
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Australia’s inflation data for the March quarter suggests the central bank will impose one or two further increases to meet its policy objectives.
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Businesses’ profit-seeking is an easy scapegoat for inflation. But a recent report from Treasury challenges this assumption.