The breakdown annually is 4.5% for non-tradeables and -1.1% for tradeables. 4.5% is still too high and if I was the Reserve Bank I’d be tempted to only do a 0.25% drop in the cash rate. Against that ...

Annual inflation stayed steady at 2.2% for the year to December. But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains ...

However, the inputs of these goods and services can be influenced by foreign competition. Within the 4.5 percent increase in non-tradeables inflation in the 12 months to the December 2024 quarter, ...