From moveable houses to milk, Queenslanders are having to deal with higher prices on the essentials and more, writes Crikey intern Emma Buckley Lennox.
Cpi inflation
CPI figures on the economy: how sweet it is
With growth running at more than 3%, the terms of trade at record levels, unemployment falling, the Australian economy remains in the sweetest of sweet spots for the moment with inflation under control and trending lower.
Lift of 0.25% takes cash rate to its highest since 1996
The RBA board hinted very strongly that more rate rises lay ahead if inflation doesn’t start slowing later this year, writes Glenn Dyer.
Kohler: RBA goes for glasnost
Warm plaudits to the Reserve Bank Governor Glenn Stevens for the bank’s new policy of glasnost, writes Alan Kohler.
What the RBA said
The bank’s statement in full.
Henry Thornton: Meltdown and the RBA’s canny game
The Reserve bank guv’nor will have his chance to say more about the economy and monetary policy when he fronts the relevant parliamentary committee today.
