Pressure on RBA as inflation hits 6.1%

Australia has recorded the highest inflation rate in 20 years to 6.1 per cent, but the increase was less than what economists had predicted. An increase in petrol, food and housing prices over the past three months contributed to the result. Economist Gene Tunny, the founder and director of Adept Economics, says it will have … Continue reading Pressure on RBA as inflation hits 6.1%