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{{propApi.successMessage}} {{region}} Change locationUnderlying inflation is sticky above target....
Underlying inflation is sticky above target....
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It appears that the more data we get, the less likely the Reserve Bank of Australia (RBA) would cut rates sooner than later. The latest Monthly CPI data showed underlying inflation (trimmed mean) grew by 3.5 per cent in the year to October 2024.
Friday, 29th November 2024
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Latest insights
23 Jun
Why are South Australia and Western Australia soaring so high?
Dwelling prices have soared across the country over the last six years, up by 54 per cent or a 7.5 per cent average increase per year. In South Australia and Western Australia, however, they increased by a whopping 79 per cent and 82 per cent, or 10.2 per cent and 10.5 per cent per year respectively.
16 Jun
Foreign capital central to building 1.2 million homes
A central driver of deteriorating affordability in Australia is the imposition of restrictions on capital investment in home building in the face of rapid population growth.
27 Feb
Monthly Consumer Price Inflation, January 2025
There was some good news buried in yesterday’s inflation data.
07 Feb
Consumer & Producer Price Indexes
The moderation in price pressures is a welcome development for both builders and consumers.