australia inflation

Strong unit labour costs risk delaying the return of inflation to the 2-3% target band

Another measure of wages shows labour costs are growing strongly.

We speak to purveyors of both stocks and bonds about what's happening in inflation and how they're positioned currently.

There has been an argument in recent months suggesting corporate profits are driving inflation. In this wire, I'll argue why that's wrong.

The last two years have been dominated by inflation and rate hikes. But what if the data, not the policymakers, are at fault?

Underlying inflation remains uncomfortably high.

Past rate hike cycles have seen tight monetary policy to control inflation.

Businesses appear focused on paying shareholders rather than building new equipment/technology, creating a productivity/inflation problem.

Strong unit labour costs account for the bulk of high domestic inflation.

The RBA is worried by high inflation and wants to anchor expectations.