Services inflation also eased (+3.7%) on lower rent and insurance costs, while goods inflation rose (+1.3%) on higher food ...

While inflation rose 0.9% for the quarter, compared with 0.2% at the December reading, in the 12 months leading up to March, ...

A May rate cut is a “done deal” for homeowners based on the latest forecast data coming out of the Commonwealth Bank.

Overall, Citi’s outlook for the RBA’s monetary policy remains consistent, with the expectation of a total of 100bps in rate cuts spread throughout the remainder of the year. They note that the risk to ...

CPI grew 2.4% year-on-year in the first quarter, a similar pace seen in the prior quarter, but was just above expectations of ...

Headline inflation has remained steady but the Reserve Bank's preferred measure of consumer prices has fallen within the ...

The RBA's monetary policy board is widely expected to cut the cash rate from 4.1% to 3.85% at its next meeting on 19-20 May. This follows the central bank's first rate cut in four years in February, ...

The RBA's inflation target range of 2-3% has been a cornerstone of Australia's monetary policy for decades. After four years of fluctuating outside this range, the return to target signifies a ...

At the last quarterly reading, or the 12 months leading up to December 2024, the CPI rose 2.4%, compared with an increase of ...

Australia’s inflation figures have come in higher than expected and Commonwealth Bank has warned that the Reserve Bank of Australia (RBA) cutting interest rates in May is “not a done deal” anymore.

With the key measures of inflation back within the Reserve Bank’s target band, expectations are growing for a second rate cut ...

This was higher than the Reuters expectations of a 2.3% climb, and unchanged than the 2.4% rise in the last quarter of 2024.