Australia, Consumer Price Indexes (CPI, Q1 24):
Headline CPI: +1% qoq (survey: +0.8%, prior: +0.6%)
Headline CPI: 3.6% yoy (survey: 3.5%, prior: 4.1%)
Trimmed mean CPI: +1% qoq (survey: +0.8%, prior: +0.8%)
Trimmed mean CPI: 4% yoy (survey: 3.8%, prior: 4.2%).

#ausecon CommSec

CPI: The most significant contributors to the March quarter rise were Education (+5.9 per cent), Health (+2.8 per cent), Housing (+0.7 per cent), and Food and non-alcoholic beverages (+0.9 per cent). #ausecon #auspol #commsec CommSec

A little climate change the government should be making bit.ly/3WaIVag #ausecon #ausbiz #auspol

Speaking to Kieran Gilbert live on Sky News Australia soon #auspol #ausecon

Australia stands with Ukraine. Today I agreed with Sergii Marchenko to extend tariff concessions on Ukrainian imports to Australia. #auspol #ausecon

Yes, the Reserve Bank itself has been feeding inflation.

As Matthew Crocker (@Deakin) writes, every time the Reserve Bank pushes up interest rates in order to take money out of the system, it also puts money in – in a way it didn’t use to.

#auspol #ausecon theconversation.com/what-if-the-re…

You are our Treasurer Extraordinaire Dr Jim Chalmers MP and will leave an incredible legacy. We may well become the Lucky Country again. #ausecon #JimChalmers #Labor #Auspol2024

Judo Bank economist Warren Hogan said, 'While this is great news for the Australian economy, these results are stronger than what the RBA is expecting, suggesting that the economy is beginning to wander off their ‘narrow path’.'

#ausecon #auspol CommSec

The Budget will have a premium on responsibility and an emphasis on economic security. Our Budget strategy will evolve with our challenges - there’ll be a nearer term focus on inflation and a longer term focus on growth. #auspol #ausecon Katy Gallagher

How monopoly power can increase #inequality : a writeup of the research done by ⁦JohnQuiggin⁩ & Flavio Menezes #auspol #ausecon abc.net.au/news/2024-04-1…

Just because you don’t have the brainpower to understand what Dr Jim Chalmers MP is doing, doesn’t mean it’s spin, Angus. Your responses to the achievements of Dr Jim Chalmers MP are juvenile & smack of envy. No one is paying attention to you. All eyes are on Dr Jim Chalmers MP. #ausecon

Our CEO, Aruna Sathanapally, will be speaking National Press Club as part of the Women in EconomicsAU Pre Budget Address on Wed 1 May.

Tickets are now available to hear from these exceptional speakers, including Angela Jackson and Besa Deda. buff.ly/3xJUGKF #ausecon

Final winter inspection of the Parliament House Canberra hives - checking for pests and that they have sufficient stores for winter. With some help from local #beekeepers and Aurecon engineers! #bees #beekeeping

The SEEK Australia Advertised Salary Index rose by 0.2% in March and was up 4.2% on a year ago, the slowest annual pace for 18 months.

#ausecon #auspol CommSec

💧Jexodus21 Stephen Koukoulas Yep. It seems ripping $20 million a week from the public is now chicken feed. Where do I sign up #auspol #ausbiz #ausecon

US government bond yields dipped on Tuesday after data showed that US business activity cooled in April to a four-month low. The US 10-year Treasury yield fell by 2 points to 4.60%. The US 2-year Treasury yield slid 3 points to 4.94%.

#ausecon #auspol CommSec

#ausbiz #ausecon #auspol

#auspol #ausecon #ausbiz