Australia inflation slows to 3-1/2 year low, but sticky core to push RBA cut to 2025

Australia inflation slows to 3-1/2 year low, but sticky core to push RBA cut to 2025

Australian consumer price inflation slowed to a 3-1/2 year low in the third quarter, though the core measure was still sticky and reinforced market wagers that the central bank won't start cutting rates until next year.

Six graphs that show how inflation is hitting our spending

Driving around has become cheaper, but the fun stuff – holidays and recreational activities – are probably setting you back.

ASX falls on ‘fat chance of a rate cut’

The ASX closed down 0.8 per cent as investors factored in the unlikely chance of getting a rate cut following fresh inflation data on Wednesday.

Australian inflation plummets to 3-year low so don't expect rate cuts

Australia's inflation rate is cooling, but interest rate cuts are expected to hold off until next year, potentially weighing on housing prices in the months ahead. According to the Australian Bureau of Statistics (ABS), annual inflation dropped to 2.8% in the September quarter, reaching a 3.5-year low.

Inflation falls back to target for first time since pandemic

Inflation has slowed to its lowest level since the height of the pandemic, falling back into the target ran...

Australian shares lower despite inflation drop

The Australian sharemarket has fallen despite inflation dropping to its lowest level in more than three-and-a-half years. At midday local time the benchmark...