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Latest news: Prices

Albanese throws spending spotlight back on opposition

Albanese throws spending spotlight back on opposition

Inflation would be lower if the coalition did not stand in the way of the government's proposed budget savings and free trade deal, the prime minister says.

One-two punch for small business as card-ban row flares

One-two punch for small business as card-ban row flares

One-two punch for small business as card-ban row flares

One-two punch for small business as card-ban row flares

Businesses are deciding whether to absorb card payment fees or pass the costs on as a ban on surcharges starts, but one government agency has another solution.

Energy policy gaps leave households with higher bills

Energy policy gaps leave households with higher bills

Energy policy gaps leave households with higher bills

Energy policy gaps leave households with higher bills

The size of your energy bill could depend on where you live as Australian states and territories take different approaches to electrification and efficiency.

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Record-low poll puts Labor attack dogs on offensive

Record-low poll puts Labor attack dogs on offensive

Federal government frontbenchers have arced up as their party slips to a record-low primary vote share of 27 per cent in the latest Newspoll.

Reserve Bank's grim rates warning as oil prices spike

Reserve Bank's grim rates warning as oil prices spike

The war in the Middle East is threatening to push oil prices back above the crucial $US100 a barrel mark and make inflation even harder to get back to target.

Widespread toll road changes both give and take away

Widespread toll road changes both give and take away

Motorists in the world's most tolled city will see modest discounts across a series of motorways, but a new fee will be added to one major road out of the CBD.

How trust in the RBA could help keep interest rates low

How trust in the RBA could help keep interest rates low

Increased knowledge and trust in the Reserve Bank correlates with lower expectations of inflation, which has implications for setting interest rates.

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Inflation-fuelling supply shocks under RBA microscope

Inflation-fuelling supply shocks under RBA microscope

Inflation-fuelling supply shocks under RBA microscope

Inflation-fuelling supply shocks under RBA microscope

The Reserve Bank is aiming to make its communications more accessible to a broader audience as it tries to ward off rising inflation expectations.

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

Inflation lying in wait to strike another rate blow

Inflation lying in wait to strike another rate blow

Inflation lying in wait to strike another rate blow

Inflation lying in wait to strike another rate blow

Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.

Home price falls may signal end of housing super cycle

Home price falls may signal end of housing super cycle

Home price falls may signal end of housing super cycle

Home price falls may signal end of housing super cycle

Rising interest rates, poor affordability, budget tax changes and a political shift towards lower migration could spell the end of a 30-year housing upswing.

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

Falling fuel prices bolster hopes for RBA rate reprieve

Falling fuel prices bolster hopes for RBA rate reprieve

Falling fuel prices bolster hopes for RBA rate reprieve

Falling fuel prices bolster hopes for RBA rate reprieve

A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

The government will do well to resist spending a "tantalising" budget windfall, as boosting demand while supply is constrained could result in more rate hikes.

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Third RBA rate hike might not be the end for borrowers

Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

Australia 'well-placed' to weather fuel supply storm

If the war in the Middle East ended now, there would still be impacts on supply chains, the federal energy minister warns.

Coalition fuel fix misfires over start-up funding doubt

Confusion reigns over who would pay for a coalition plan to add one billion litres to Australia's emergency fuel stocks - and if the supply figures add up.

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Extra diesel shipments prioritised for regional areas

Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies.

Woolworths bumped price of baby food before 'discount'

Woolworths sold baby food at a higher price for just three weeks before taking off 50 cents and marketing it as a price reduction, a court has been told.

Australians love their cash and will carry or hoard it

The central bank has released its latest report on the use of cash in Australia, which shows it's still popular across all demographic groups.

Reality bites as Gen X defers cost of living

As fuel costs soar, more consumers are choosing to buy now and pay later - and the biggest spenders may come as a surprise.

Bargain-hungry public warned of long tail to fuel shock

Motorists are getting access to better, real-time information about changing fuel prices as one state launches a crackdown on service stations.

Caps on gas, coal costs on the cards if prices soar

Australia is open to a cap on gas and coal prices if they spike due to the widening conflict in the Middle East, the Albanese government says.

The RBA conflict that could decide its next rates call

Australia's central bank must abandon its narrow path and choose between getting inflation down quickly or keeping unemployment low, economists say.

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