It’s December – the month that always seem to race by as we approach the end of the year and all the festivities it brings. We hope you all have a lovely, happy, and safe festive season. On the economic news front, there was some good news. Consumer prices eased by more than expected in […]
SEAFG Part 1 November 2023 Update from Glenn Peers on Vimeo. SEAFG Part 2 November 2023 Update from Glenn Peers on Vimeo. SEAFG Part 3 November 2023 Update from Glenn Peers on Vimeo.
In October this year, the Consumer Price Index (CPI) rose 1.2% (and 5.4% over the previous 12 months). This resulted in the new Reserve Bank Governor Michele Bullock to raise interest rates by 0.25% last week. The most significant price rises were Automotive fuel (+7.2%), Rents (+2.2%), New dwelling purchases by owner-occupiers (+1.3%) and Electricity […]
A surplus for now but stormy seas ahead Treasurer Jim Chalmers bills his 2023 Federal Budget as an economic strategy to help ease cost-of-living pressures. To that end, he has delivered a modest but welcome package of cuts to healthcare, housing and energy costs as well as boosts to welfare payments for single parents and […]
As the days get shorter and temperatures begin to fall, Federal Treasurer Jim Chalmers delivered his second Budget on Tuesday 9 May. The good news is that there are signs inflation is slowing. The latest figures show the annual rate at 7%. The March quarter saw prices rise just 1.4%, the lowest increase in two […]