Falling grocery prices undercut political push to stamp out alleged price gouging
The price relief for popular groceries such as meat, seafood, fruit and vegetables is expected to continue.
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The price relief for popular groceries such as meat, seafood, fruit and vegetables is expected to continue.
The Reserve Bank will soon start considering interest rate cuts after better-than-expected inflation figures show price pressures rapidly easing.
While changes to the stage three tax cuts won’t derail the Reserve Bank interest rate outlook, some economists say it could delay the first rate cut.
Leading economists surveyed by The Australian Financial Review were asked to assess the performance of Treasurer Jim Chalmers and rate him out of 10.
The Australian dollar hovered near its lowest in six weeks after a surprise fall in employment in December, reinforcing expectations that the cash rate has peaked.