Australian economy, Australia news, Cost of living crisis, Unemployment, Reserve Bank of Australia, Inflation, Business Business | The Guardian
The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different viewsGet our morning and afternoon news emails, free app or daily news podcastAustralia posted its weakest economic growth – excluding the Covid-era distortions – since 1992 in the first quarter of 2024, we learned this week.Inflation, too, has ticked up lately rather than remaining on a downward trajectory towards the Reserve Bank’s 2-3% target range. Continue reading…
The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views
Get our morning and afternoon news emails, free app or daily news podcast
Australia posted its weakest economic growth – excluding the Covid-era distortions – since 1992 in the first quarter of 2024, we learned this week.
Inflation, too, has ticked up lately rather than remaining on a downward trajectory towards the Reserve Bank’s 2-3% target range.