Childcare drives lift in cost of living

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The ABS today released its cost of living indices for the September quarter, which rebounded after the December quarter’s decline:

According to the ABS:

Child care was the main contributor for three of the five population sub-groups following the end of free child care on 13 July.

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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.