‘Shock’: Experts warn of stagflation crisis

Economists warn Australia faces its worst economic nightmare as surging oil prices threaten to trigger devastating 1970s-style stagflation.

Australia's economy seems to be holding steady despite surging inflation

Australia's headline inflation jumped 1.1% in the March quarter, while the Consumer Price Index rose to 4.6% in the year to March, up from 3.7%.

Australia reports lower-than-expected first-quarter inflation — but price growth hits 2-year high

The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters.

Australia’s budget luck ‘running out’ fast

There’s a grim reason why the national debt is falling, with experts calling for major reform to fix the structural issues.

Inflation triggers $1000 bonus for thousands of public servants

Some 100,000 NSW workers covered by the Public Sector Association will receive the payment, after prices in Sydney rose 4.4 per cent.

Treasurer Jim Chalmers warns inflation will rise further after oil crisis pushed prices 4.6 per cent higher in March

Treasurer Jim Chalmers has warned inflation still has room to grow after it lifted to its highest rate since September 2023.