Rate cut likely as underlying inflation falls within RBA target range

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to MarchElection 2025 live updates: Australia federal election campaignPolls tracker; Election guide; Interactive seat explorerParty policies; Micro parties explained; Full election coverageListen to the latest episode of our new narrative podcast series: GinaGet our afternoon election email, free app or daily news podcastA Reserve Bank rate cut on 20 May appears locked in as new data shows the key measure of underlying inflation has dropped below 3% for the first time in three years.Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March, the Australian Bureau of Statistics figures show. Continue reading...

Rate cut likely as underlying inflation falls within RBA target range

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March

A Reserve Bank rate cut on 20 May appears locked in as new data shows the key measure of underlying inflation has dropped below 3% for the first time in three years.

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March, the Australian Bureau of Statistics figures show. Continue reading...