Inflation


Flat inflation — cue the ‘rate cut looms’ headline

A flat inflation result for the December quarter opens the way for a rate cut, yes, but watch Greece …

Political snippets: Oz inflation safely in the range

The Reserve Bank has been reading things right when it comes to inflation.

Inflation: ‘skyrocketing’ versus ‘softening’ — you be the judge

Life’s hard for an Opposition when a government gets good economic news.

Inflation down — but does it mean a rate cut?

Inflationary pressures are easing again — but it’s the European crisis that will occupy the RBA board next week, not domestic issues, write Glenn Dyer and Bernard Keane.

Save the gloom for offshore: our economy is performing well

There’s plenty of bad economic news offshore but the Australian economy remains well-placed, whatever commentators might say, write Glenn Dyer and Bernard Keane.

Political snippets: Some words of wisdom from a retiring President

At question time in the House of Representatives yesterday there was something of a novelty.

A Green welcome for Labor refugees

The Greens should be preparing to receive the next lot of refugees from Labor.

National accounts numbers have us right where the RBA wants

After talk of a recession, the Australian economy grew in the last quarter of 2010, but with no signs of inflation.

Yes, floods and Yasi will push up the price of some foods

Sometimes you wonder if some journalists read very much, especially the speeches and reports issued by the Reserve Bank.

Strong dollar, shy consumers = inflation on the downside

Thanks to the strong dollar and shy consumers, plus the growing price war between Coles and Woolies, Australian inflation surprised on the downside in the December quarter.

Kohler: two revolutions in one

Not much more than two years from one of the greatest financial panics in history, sentiment is now as bullish as it has ever been. The global economy grew 4% last year and is likely to do something similar this year.

For policy makers, inflation vs deflation is a choice between two evils

Possibly the most important economic question to emanate out of the global financial crisis is the choice between two evils. While quantitative easing may seem like the lesser of available evils, in reality, it may be the most evil path of all.

If you’re finding it tough to make ends meet, it’s not because of inflation

Yesterday’s CPI figures showed what an extraordinary load of rubbish this “cost of living” campaign focus is from both sides.

Are interest rates on the rise again?

The Reserve Bank will lift rates at its August 3 meeting if inflation shows signs of getting out of hand when the consumer price inflation figures are published on July 28. That, however, is not saying that the bank will lift rates.

Political snippets: Labor in trouble? Balderdash and bunkum

Labor will end up winning the mining tax battle and with it the election war too. And no inflationary signs yet, the power of a smooth American accent and other political news.

Business As Usual: Japan’s jobless up … US economy grows slowly … UK capital gains tax fight …

US economy growing slowly, while sale of soft drink soars … Inflation is down in most of Europe … A reminder for Rio Tinto … The Tele rails against plans for a capital gains tax boost in the UK …

Inflation up, housing costs the driver

Thanks to the rising cost of housing, inflation is stirring, enough to get the Reserve Bank a little twitchy ahead of next Tuesday’s monthly board meeting.

NAB: Oz economy to keep growing

We can expect accelerating economic growth, falling unemployment, rising interest rates and higher inflation over the coming two years, according to the National Australia Bank.

Inflation: a dummy’s guide

It’s the threat that keeps on giving: Mike Shedlock puts inflation under the microscope: what is it, and how do we measure it?

Wood: Interest rates must rise. Deal with it.

With a strong economy, low inflation and a rising Aussie dollar, a Cup Day interest rate rise is now almost a certainty. And so it should be, says Alan Wood: rates can’t remain at 50-year lows forever.

It’s about the housing shortage, stupid

Our biggest public policy problem is that we don’t have enough dwellings for people who live here, with an estimated shortage in 2008 of 34,000 dwellings. Plus, we’re importing people at a rate of knots.

Inflation: back on the agenda

With economic signals and market sentiment improving, inflation concern is back. It’s why today’s consumer price index (CPI) data is getting so much attention, says Malcolm Maiden.

Producer price inflation under the thumb

Producer Price Index figures released this morning show the global downturn has reduced price pressures in the Australian economy.

Deflating inflation scare tactics

A renewed era of runaway inflation isn’t likely to happen any time soon, despite what the more excitable pundits proclaim.

Political snippets: Another interest rate reduction on the cards?

Farmer’s favourite headlines, Obama practises what he preaches, and Bert Newton’s “hoon terror”!