Australian inflation

Average full time workers saw an increase across the board of 4.2 percent for the year.

It will probably take another two years for inflation to return to a midpoint of 2.5 percent, meaning ongoing pressure on household incomes.

The cost of daycare has risen by 9.1 percent, an inquiry has found.

The move follows the opposition leader’s decision to call for a boycott of Woolworths Supermarkets over Australia Day memorabilia.

A popular Japanese restaurant chain in Australia has seen over 30 percent of its restaurants enter voluntary administration.

The government says it has banked 92 percent of revenue improvements since the May budget.

‘What used to be cheap army rations is now a luxury item.’

A recent survey entails startling revelations for Australian professionals.

A to-do list to control inflation and bring down the cost of goods, services, and housing.

The prime minister says his government is working to tackle soaring rates of inflation.

Stronger than expected growth in retail sales indicate inflation still a concern and may see interest rates rise in November.

The most significant price increase was seen in automotive fuel at 7.2 percent.

An expected 7 percent increase in fuel prices in the September quarter will add around a quarter of a percent to inflation.

The sanctions come as the conflict in Ukraine continues.

Cumulatively, these businesses owe the ATO a total of over $5 billion.

Fuel prices have also risen 13.9 percent from 12 months ago.