Cost of living rises above inflation

Wednesday 7 November 2018

The Australian Bureau of Statistics (ABS) has released its cost of living indices for the September quarter, which revealed a rise in cost of living pressures across most cohorts:

According to the ABS, the cost of living for households headed by working Australians rose by 2.0% in the year to September – above the 1.9% increase in the Consumer Price Index (CPI) but slightly below the 2.1% increase in Australian wages.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.