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Cost of living – News, Research and Analysis – The Conversation – page 1
Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Tuesday’s budget will show there has been an improvement of $10.5 billion in the bottom line. The update forecasted a deficit of $1.1 billion for 2023-24.
Although it’s rooted in legitimate grievances, the ‘Steal from Loblaws Day’ campaign is not only illegal, but also fails to achieve its intended objective and risks undermining economic stability.
Peter Whiteford, Crawford School of Public Policy, Australian National University
Unemployment and related payments for working-age people were given a welcome boost in last year’s budget. But they remain well below pensions, and far from adequate.
The federal government says it’s committed to addressing the challenges faced by younger generations, including housing affordability and the high cost of living. Does the budget deliver on its promises?
Inquiry into supermarkets finds that the mandatory code should apply to supermarkets with annual revenues of more than $5 billion and should consider increasing infringement notice amounts.
In states with competition between retailers, the energy regulator is promising savings for most customers on the default plan. But it’s small change compared to price hikes. Here’s what to expect.