Tag: prices

Live: ASX 200 set to drop after breaking records, oil prices drop

24m agoTue 15 Oct 2024 at 8:43pmMarket snapshotASX 200 futures: -0.4% to 8,319 pointsAustralian dollar: -0.4% at 67 US centsS&P 500: -0.8%  to...

What is inflation? Economics explained

Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are...

RBA deputy governor defends private briefings with banks, says oil price isn’t a ‘top three risk’ right now

Andrew Hauser, the Reserve Bank's deputy governor, has defended the RBA's practice of holding private off-the-record briefings with Australia's private financial institutions.It follows...

Chocolate prices to sharply rise in coming months, as ‘cocoa crisis’ hits chocolatiers

Sweet-toothed shoppers are being warned to expect a rise in chocolate prices heading into the new year due to an ongoing cocoa crisis.The...

Supermarket ‘shrinkflation’ to be targeted through fairer, more comparable pricing rules

Ever noticed your favourite cereal, packet of chips or even cleaning spray looking a little smaller or feeling lighter in your hand?"Shrinkflation" is...

How do Australia’s grocery prices compare to the UK, Ireland and New Zealand?

We all know the cost of groceries has gone up in Australia.But would your shopping be cheaper in comparable countries like New Zealand,...
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