Australian Inflation

Australian Inflation

Australia wins U.S. Support For Critical Minerals Industry

Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for electric cars […]

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Australian Inflation
RBA

Australia’s first-quarter inflation hits 5-1/2-year high, prices to plunge in second quarter

By Administrator_India Capital Sands Australian inflation accelerated to its highest in over five years last quarter, data showed on Wednesday, but the long-desired pick-up is likely to be fleeting in the face of a coronavirus lockdown and collapsing energy prices. The headline consumer price index (CPI) rose 0.3% in the first quarter, from the previous […]

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