RBA

The number of people working full-time fell.

Food and alcohol price rises offset the fall in electricity prices.

While the headline inflation climbed in the June quarter, economists have predicted no interest rate hike in August.

The Reserve Bank of Australia is due to hold a monetary policy meeting on August 6.

An Australian politician told parliament that continual wage rises under Labor were a sign the nation was in financial distress.

The June rise will be the second-largest hike to HECS debt in more than a decade.

It has also seen that some households are finding it difficult to service their debts and meet essential expenses.

Having first been skeptical about the appointment of Bullock, my first impressions seem to be wrong.

It will probably take another two years for inflation to return to a midpoint of 2.5 percent, meaning ongoing pressure on household incomes.

This move reflects a delicate balance between the evolving landscape of payment methods and the importance of access to traditional currency.

‘We want to ensure Australia’s central bank remains world class with a monetary policy framework fit to meet our current and future economic challenges.’

A to-do list to control inflation and bring down the cost of goods, services, and housing.

Most households and businesses are ’managing to adjust' to inflation and interest rates, the RBA believes.

This is the lowest level since November.

Inflation in Australia is still too high, the RBA said