Australia’s cost of living is among the highest in the world, despite our low inflation rate. In this series we explore what consumers can expect from the big ticket items - petrol, power and groceries…
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Articles on Inflation
Displaying 541 - 555 of 555 articles
In the verbal volley between Gillard and Abbott, Swan and Hockey, there is a conversation that we are not hearing. It bubbles below the consciousness of mainstream Australia, a conversation that is old…
Australia’s inflation rate remains under control, potentially adding to the argument for the Reserve Bank to leave interest rates where they are, experts said today. But one economist has warned the Reserve…
The Japanese economy has been stuck in a liquidity trap for almost a decade. Japan’s newly elected Prime Minister Shinzo Abe, who is now in his second stint in office, wants to take radical steps to retrieve…
The announcement by the US Federal Reserve Bank that it would link its monetary policy to the achievement of specific economic targets beyond inflation is a new development in its approach to policy. In…
Predicting the Reserve Bank’s interest rate decision for October appears to be particularly tough for economic commentators. A decline in iron ore prices, compounded with a stubbornly high dollar, has…
The rise in Australia’s jobless rate for May was “a good news story”, economists said, as the largest increase in full-time jobs in 18 months was offset by an even bigger increase in the number of people…
The Australian dollar has dropped to a six month low on continuing fears over a Greek exit from the Eurozone, despite pleas from European Union leaders. Head of discipline, Economics and Winthrop Professor…
The G8 leaders’ cautious embrace of “growth and jobs” on the weekend has momentarily buoyed international markets, but significantly, altered a 30-year focus on inflation. For more than three decades…
The Federal Government is continuing its pre-budget surplus sell, with Prime Minister Julia Gillard directly linking its plans to return the budget to surplus to lower interest rates. Gillard will use…
These days, most economic commentators in Australia sing from the same hymn sheet when it comes to discussing our economic prospects: while the ongoing gloom in the US and the outright deterioration in…
Consumers have softened their expectations on price rises, with a new survey showing that more people this month think inflation will stay within the Reserve Bank’s target compared to a similar survey…
Renewed speculation of an interest rate rise this year has come out of a surprise surge in Australia’s underlying inflation figures. But don’t blame it on the price of bananas, says Grattan Institute economist…
A funny thing happened on the way to this year’s Australian Conference of Economists. A survey was conducted of the policy opinions of members of the Economic Society of Australia (ESA). Far from conforming…
The proportion of people who expect inflation to breach the Reserve Bank’s annual target of 2-3% increased slightly in June, a survey of 1200 consumers has found. The survey, conducted by the Melbourne…
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Professor of Economics, UNSW Sydney
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Senior Lecturer, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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