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Inflation is down but prices remain high: when will the cost-of-living crisis end?

The biggest inflationary shock in a generation has left Australia a much more expensive place to live. It could take years for households to catch upGet our breaking news email, free app or daily news podcastInflation has come down from the stratospheric peaks of December 2022, dropping to 2.1% in the year to June and towards the bottom of the Reserve Bank’s 2-3% target range.That’s the good news: things generally aren’t getting more expensive at the same breakneck pace that they were a couple of years ago. Continue reading...

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