Fuel costs up 40 per cent in one year
Capital city household transport costs are more than $400 a week, with higher fuel costs taking up a greater proportion of the overall spend, a report says.
Capital city household transport costs are more than $400 a week, with higher fuel costs taking up a greater proportion of the overall spend, a report says.
A surge in annual inflation to above five per cent has financial markets tipping a cash rate rise when the Reserve Bank board meets on May 3.
The consumer price index rose by a larger than expected 1.3 per cent in the December quarter, lifting the annual rate to 3.5 per cent.
.A sharp drop in the unemployment rate has helped lift confidence, but consumers are still concerned about the inflation outlook.