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News
Adelaide inflation climbs as CPI hits 21-year high
Adelaide’s inflation rate soared to 6.4 per cent for the 2021-22 financial year, above the national rate of 6.1 per cent – the highest level since 2001.
News
Adelaide’s inflation rate soared to 6.4 per cent for the 2021-22 financial year, above the national rate of 6.1 per cent – the highest level since 2001.
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News
Taxpayers will find the upcoming government budget update confronting, federal Treasurer Jim Chalmers says.
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The outlook for the SA economy in the coming year is relatively strong, but growth is set to moderate further as the state grapples with the same employment and population challenges it faced before the pandemic, a global consulting firm has predicted.
South Australian shoppers spent up big in January despite an Omicron outbreak, with retail sales jumping 3.1 per cent to top $2 billion.
The Australian economy remains in a solid shape in the face of the pandemic but Tasmania is the stand out state for the eighth quarter in a row, Commonwealth Securities says, with the South Australian economy ranking second.
An increase in spending on food in South Australia across supermarkets, restaurants and takeaway outlets helped retail spending in the state bounce back slightly in April after dipping to its lowest level in 12 months in March, according to latest figures.
Reserve Bank governor Philip Lowe will share his views on what last week’s national accounts figures mean for Australia’s economic recovery from the coronavirus pandemic when he returns to the lectern today.
