Tag: Anneke Thompson

RBA keeps interest rates on hold

The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%. According to the central bank, inflation has fallen “substantially” since its peak in 2022, as higher interest rates...

Business order values at record low as Christmas trading boost fails to arrive

The January 2024 CreditorWatch Business Risk Index (BRI) has revealed the average value of B2B invoices is now at a record low, reflecting the continuing contraction of business activity. Trading activity traditionally dips...

Interest rates on hold

The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%. According to the central bank, inflation continued to ease in the December quarter. “Despite this progress, inflation remains high...

CPI increases 1.2 per cent in the September 2023 quarter

The Consumer Price Index (CPI) increased 1.2 per cent in the September 2023 quarter and 5.4 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS). ABS Head...

Retail turnover up 0.2% in August

Australian retail turnover increased 0.2% in August 2023, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). This follows a 0.5% increase in July 2023 and a 0.8%...

CPI increased 5.2% annually to August 2023

The monthly Consumer Price Index (CPI) indicator rose 5.2% in the 12 months to August 2023, according to the latest data from the Australian Bureau of Statistics (ABS). ABS Head of Prices Statistics...

Retailers welcome third consecutive interest rate pause

At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate target unchanged at 4.1% and the interest rate paid on Exchange Settlement balances unchanged...

Retail turnover up 0.5% in July

Australian retail turnover increased 0.5% in July 2023 (seasonally adjusted), according to figures released by the Australian Bureau of Statistics (ABS). ABS Head of Retail Statistics Ben Dorber says: “The rise in July...
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