Australia's inflation rate to peak at 7.75% in December quarter, economic update predicts - The Guardian


7/27/2022 12:00:00 AM2 years 9 months ago
by Peter Hannam

Treasurer Jim Chalmers tells parliament that nation is facing a ‘once-in-a-generation’ challenge and real wages won’t grow until 2023-24 fiscal year

Australias inflation will peak at an annual rate of 7.75% by the December quarter of 2022 and fall gradually, allowing wage growth to begin providing workers with real salary increases by the 2023-24… [+5368 chars]

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