Category : Search result: Australia inflation


UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

UK inflation falls to 2% target

Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.

Orionid Meteor Shower 2025: Australia Viewing Guide

Stargazers across Australia are in for a celestial treat as the annual Orionid meteor shower peaks this October. Discover the best viewing times, locations, and expert tips for witnessing this spectacular cosmic display.

Weekly food shop prices hit record high in UK

British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.

UK Has Worst Inflation Among Advanced Economies

Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.

Tesco sales jump as grocery inflation persists

Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.

Australian Bird of the Year 2025: Top 10 Finalists

Discover the remarkable avian contenders battling for Australia's prestigious Bird of the Year 2025 crown, from iconic cockatoos to endangered eagles in this conservation-focused competition.

RBA Chief Warns Over Albanese's Housing Scheme

Reserve Bank Governor Michele Bullock delivers sobering assessment of government's Help to Buy scheme, warning it could push house prices higher and complicate inflation fight.

Victoria's Crime Crisis: From Dream State to Nightmare

Exclusive investigation reveals Victoria's shocking descent into Australia's crime capital, with youth violence, carjackings and home invasions terrorising communities as authorities struggle to contain the epidemic.

Harvest Supermoon 2025: Australia's Guide

Don't miss Tuesday's breathtaking Harvest Supermoon! Our expert guide reveals exactly when and where Australians can experience this celestial spectacle at its most magnificent.

RBA Bets Against Rate Cut Despite Economic Signals

The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.

RBA Holds Interest Rates Steady Amid Political Pressure

The Reserve Bank of Australia has maintained its current interest rate stance, opting for caution amid economic uncertainty despite political tensions. Analysis reveals the central bank's delicate balancing act between inflation concerns and economic grow

Australian inflation cools to two-year low of 3.6%

Australian inflation has cooled to its lowest level in over two years, offering a glimmer of hope for households battling the cost-of-living crisis. We break down what's getting cheaper and what's still burning a hole in your pocket.

RBA Chief: Inflation Crisis Far From Over

Reserve Bank of Australia Governor Michele Bullock delivers a sobering message to Australians, warning that the cost-of-living crisis is far from over and high prices may persist, dashing hopes for near-term relief.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Australia pledges 65% emissions cut by 2035

Prime Minister Anthony Albanese unveils Australia's ambitious new 2035 emissions reduction target of 65%, positioning the nation as a global leader in climate action while ensuring economic stability.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

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