LATEST AUSTRALIAN BUSINESS NEWS
Australia’s cost of living – as indicated through the Consumer Price Index (CPI) – has risen slightly over the 3 months ending 31 December 2005. The CPI rise was just 0.5%. This very slight increase has placed the annualised inflation rate at 2.8% for calendar year 2005. The low CPI increase is the smallest recorded for one 3 month period since 2004. The current inflation rate sits comfortably within the desired range set by the Reserve Bank of For info rmation on this article, or on any other aspect of the Australian economy or business opportunities available, please email me.
David