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Inflation

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Anthony Albanese and income gains during the first term of his government.

The real winners and losers from Albanese’s handouts

Cost-of-living pressures have dominated the Albanese government’s term. New analysis shows who it has tried to dull the pain for.

  • Shane Wright

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Nationals leader David Littleproud during a doorstop interview in the press gallery at Parliament House in Canberra on Monday 24 March 2025.

Nationals leader promises lower power prices within years

The Coalition had avoided making the vow after Labor was burned by its 2022 promise to drop power prices by $275.

  • Olivia Ireland and Mike Foley
budget

Budget to reveal tax burden at its lowest since pandemic

Jim Chalmers will use his budget speech to assure Australians they will see a turnaround in living standards as wages increase at a faster rate than inflation.

  • David Crowe and Shane Wright
The ACCC found the price of food, including cheese, milk and eggs, had increased far more than wages since the start of the COVID-19 pandemic.

Checkout pain: Australia’s supermarkets among most profitable in the world

Shoppers’ complaints that they are being burnt at the nation’s checkouts has been vindicated by a damning report by the consumer watchdog.

  • Shane Wright, Jessica Yun and Millie Muroi
NAB chief executive Andrew Irvine said Donald Trump’s commitment to fuelling growth in the world’s largest economy would potentially boost inflation.

NAB boss worried ‘tariff madness’ could put future rate cuts at risk

CEOs from two major Australian banks have warned that an escalation of Donald Trump’s trade war would harm global economic growth and drive up inflation.

  • Clancy Yeates
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I’m training for a marathon. It’s about as fun (and pain-free) as fixing the economy

I never understood how runners got so into their sport. But it might be key to getting the economy into the fast lane.

  • Millie Muroi
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Australia regardless of US President Donald Trump needs to spend more on defence because we are so exposed to Chinese bullying.

Trump’s war sets up America for a painful future

The US president’s policies have rattled economies and markets around the world. What isn’t as clear is what America will look like as they take hold.

  • Stephen Bartholomeusz
Donald Trump’s grand plan is for a tariff wall that, if completed, would push American tariffs back to their highest level since the 1930s.

Tariffs led to the worst economic own-goal of all time. Now Trump is repeating it

Donald Trump’s tariff agenda is a near-repeat of America’s trade agenda of the 1930s. That did not end well for anyone.

  • Shane Wright
Anthony Albanese called Donald Trump about his proposed tariffs on Australian steel and aluminium.

What we know so far about Trump’s tariffs on Australian steel and aluminium

Only 10 per cent of Australia’s aluminium and steel is exported to the US – but tariffs could still have serious ramifications.

  • Mike Foley
US President Donald Trump has sparked uncertainty in markets around the world.

The golden ticket Trump has sent Australia’s way

Australia is getting a big windfall, and it has Donald Trump to thank for it.

  • Stephen Bartholomeusz

Original URL: https://www.theage.com.au/topic/inflation-1mph