Business
End of free childcare leads to jump in prices ahead of expected interest rate cut – ABC News
Consumer prices bounce back from historic plunge, increasing by 1.6 per cent in the September quarter after the Federal Government’s free childcare policy comes…
Consumer prices have risen by 1.6 per cent from the June quarter to the September quarter, driven by the end of temporary free childcare and higher petrol prices.
Key points:
- Childcare prices added 0.9 per cent to CPI over the September 2020 quarter
- It was the largest quarterly CPI increase in 20 years after a record 1.9 per cent drop in the June quarter
- Petrol prices rose 9.4 from the June to September quarter as world oil prices rebounded
The Australian Bureau of Statistics (ABS) said the Consumer…
-
Noosa News15 hours agoGirl, 15, rushed to hospital in life-threatening condition after being hit by car in Townsville
-
Noosa News14 hours agoNew Sci-Fi Drama ‘Pluribus’ Reunites ‘Breaking Bad’ Creator Vince Gilligan with ‘Better Call Saul’ Star Rhea Seehorn — and It Has a Teaser Trailer
-
Noosa News18 hours agoNeed for Feed Australia truck convoy hits Nullarbor for South Australia drought relief
-
General18 hours agoAdvance used unblurred footage of minors taken from education organisations without consent in new ad