Tag: prices
-
Shopper costs to maintain sinking from lofty peak
Dwell The ache shoppers have been feeling on the checkout might be on show as official inflation figures land for the quarter. The June quarter client value index will type the centrepiece of the Reserve Financial institution’s subsequent rate of interest determination, with the board hoping for a convincingly mushy quantity so it will probably…
-
‘Unfair’: Australians dealing with increased cocktail costs as authorities prepares to hike alcohol tax
Australians are dealing with even increased costs for cocktails and different spirit-based drinks because the federal authorities hikes taxes once more this week. A controversial excise on spirits will attain $100 a litre below the most recent twice-annual inflation indexation of the tax in a transfer the trade warns will find yourself hurting shoppers nationwide.…
-
Property costs up nearly 10 per cent inside 18 months: NAB
An astonishing rebound in Australia’s housing market is about to ship property costs up nearly 10 per cent over the subsequent 18 months, in keeping with one of many nation’s main financial institution forecasters. Nationwide Australia Financial institution (NAB) has reshaped its property forecasts for 2023 and 2024 amid an enormous resurgence in demand following…
-
Quick reduction from sky-high petrol costs as huge markets backside out
Australian motorists are having fun with reduction from $2 per litre petrol costs as bowsers in Melbourne and Brisbane strategy their low factors this week. Common petrol costs throughout each cities are at present about $1.66, down greater than 40 cents on the peaks of this time final month, based on the newest figures from…
-
Class motion accuses AGL Vitality of manipulating electrical energy costs
AGL Vitality has been accused of “gaming” the wholesale electrical energy market through the use of bids to inflate energy costs and trigger increased payments for shoppers. A category motion filed within the NSW Federal Courtroom seeks to compensate prospects for “vital losses” attributable to AGL’s alleged manipulation of the electrical energy market which affected…
-
AGL and Origin enhance electrical energy costs by as much as 30 per cent
Australians might be slammed by large electrical energy invoice hikes in coming weeks, as main gamers AGL and Origin Power move by means of worth will increase as excessive as 29.8 per cent. On Monday, the retailers confirmed their will increase will increase costs on variable fee offers in New South Wales, Queensland and South…
-
Petrol costs nudge $2 a litre for King’s Birthday lengthy weekend
Petrol costs are round $2 a litre forward of the lengthy weekend, with bowsers peaking throughout Australia’s large cities earlier this week. Motormouth figures present costs now common round $1.98 per litre in Melbourne, Sydney and Brisbane – up 16 per cent in two weeks. Bowsers have come off earlier peaks in the beginning of…
-
FOMO linked to shock rebound in property costs
A concern of lacking out (FOMO) is boosting costs for housing, with nationwide values rebounding 1.2 per cent over Could. CoreLogic’s residence worth index recorded the strongest progress final month since November 2021, with Sydney, Brisbane and Perth main the way in which, figures printed on Thursday reveal. The rebound, which began in March and…