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Cost of living Australia: Household incomes fall to lowest level in eight years

High inflation, rapidly rising interest rates and a record federal government tax take have driven disposable incomes to December 2015 levels. ....

Hong Kong , Jim Chalmers , Michele Bullock , Warren Hogan , Brendan Rynne , Andrew Hanlan , Judo Bank , Treasurer Jim Chalmers , Reserve Bank ,

Weak GDP shows why households are grumpy; hard times, says Jim Chalmers

The real income crunch on households is being driven by three factors: high inflation, higher interest rates and rising income tax. ....

Westpac Andrew Hanlan , Jim Chalmers , Diana Mousina , Paul Bloxham , Commonwealth Bank , Gareth Aird , Andrew Hanlan , Reserve Bank , Middle Income Tax ,

SYDNEY (Reuters) Australia's economy barely grew in the third quarter as exports flagged and households reeling from a surge in mortgage payment ....

Andrew Hanlan , Australian Bureau Of Statistics , Commonwealth Bank , Federal Reserve , European Central Bank , Reserve Bank , Australian Bureau , Australia S ,

Australia's economy slows to a crawl, consumer spending surprisingly weak

Australia s economy barely grew in the third quarter as exports flagged and households - reeling from a surge in mortgage payments - were reluctant to spend, suggesting rate hikes were working to.
-December 05, 2023 at 09:57 pm EST
- MarketScreener ....

Marcel Thieliant , Sonali Paul , Edwina Gibbs , Wayne Cole , Stella Qiu , Andrew Hanlan , European Central Bank , Federal Reserve , Australian Bureau Of Statistics , Reserve Bank , Australian Bureau ,

Aussie economy slows to a crawl, consumer spending surprisingly weak

Aussie economy slows to a crawl, consumer spending surprisingly weak
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