Price-setting ‘missing’ in the inflation story: Fels
Former competition watchdog chair Allan Fels is scrutinising the connection between corporate price setting and profits and current high inflation.
Former competition watchdog chair Allan Fels is scrutinising the connection between corporate price setting and profits and current high inflation.
Net-zero emission targets may ramp up the price of plane tickets as airlines face accusations of wasting capacity, putting an artificial cap on demand.
A solid slowdown in the inflation rate could be enough to convince the Reserve Bank to keep interest rates on hold for a second consecutive month.
Sign-off on private sector dwellings has lifted modestly and home prices appear to have found a floor - at least for the moment.
Home prices nationally have ticked up in March after tracking lower for 10 straight months, with high rents and migration both helping to arrest the slide.
        
        
        
            
                
                    economy (general)
                
                        
        
            
                
                    food - consumer goods
                
                        
        
            
                
                    housing and urban planning
                
                        
        
            
                
                    indigenous people
                
                        
        
            
                
                    politics (general)
                
                        
        
            
                
                    poverty
                
                        
        
            
                
                    prices
                
                        
        
            
                
                    torres strait
                
                        
            A Torres Strait Islands cost-of-living summit looking at how to ease soaring basic food prices, particularly on outer islands, will be held on March 20.
The NSW Greens say the rental market leaves millions of people feeling like second class citizens and an independent body is needed to fix the sector.
The cost of a humble pub meal could be on the way up due to a nationwide potato shortage caused by poor weather and supply chain issues.
Most households except recent first-home buyers have enough savings to cope with rising interest rates, which the ANZ tips to reach three per cent this year.
The value of Australia's residential housing stock has topped $10 trillion for the first time, Australian Bureau of Statistics data shows.
A major lettuce producer says the cost of the leafy vegetable should ease soon, although consumers are being warned that produce prices will remain high.
In a welcome relief, the NSW government will help households that can't keep up with a spike in electricity bills, funding a maximum of $1600 a year.
The latest quarterly consumer price index shows food prices have experienced their largest inflation rise in more than 10 years.