price index

Annual wages growth has hit its highest levels in almost 15 years, after significant pay rises for award wage earners and aged care workers came into effect.But the figure likely represents a peak for wages growth, economists said, as the…

Australians with higher education Help loans will be able to earn slightly more before they start making repayments as inflation drives up student debts to new highs.The federal government lodged the official Help repayment thresholds for…

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of…

Since the resurgence in global inflation first started rising above central bank targets in 2021, Australians have been able to look around the developed world and say “at least ours isn’t as bad as (insert country here)”.While this remains…