From September 2012 the base year value of the index was re-set, so that the values which had been used up to that time were replaced. Generally, if you contributed for all of your unit entitlement, you can expect to receive a pension of 55–60% of your final salary on normal retirement. This means that since the reference period 2011/12, prices in Sydney have increased more than Melbourne. Source. 8 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS). 2: Dec-13: 0. (RBA), Statement on Monetary Policy, (Sydney. At the All Groups level, Darwin recorded the largest increase (2. 2: 120. Quality Declaration. Overview of CPI movements. To assist you with the planning of your bills around your fortnightly pension payments State Super has created a pension pay day calendar, which you can download at your convenience. 7%), Canberra (+2. 1%). The Hurstville Section 94 Development Contributions Plan 2012 (clauses 2. 7%. Sydney 132. 61 0. 0 - Consumer Price Index, Australia, Dec 2018 Quality Declaration . 0%) and Melbourne recorded the lowest increase (2. 0% increase (Melbourne). [Online]. 0 7. 8% in Audio, visual and computing equipment was due to strong demand for products such as TVs. 0 - Consumer Price Index, Australia, Dec 2015. 0. Michelle Marquardt, ABS Head of Prices Statistics, said "This month's annual increase of 7. A commonly used CPI statistic for income tax-related matters is the ‘All groups CPI weighted average of eight capital cities’. The monthly CPI indicator combines the monthly collected data and data collected once every three months (quarterly). ALL GROUPS — CAPITAL CITIES COMPARISON. 10 1. 6. 850 1989-1990=100 from Sep 1948 to Jun 2012, with 256 observations. to total CPI change , June quarter 2023 original data 2 0 2 4 s n e s t h d s g r o d a t SOURCE: CONSUMER PRICE INDEX, ABS CAT NO 6401. Main findings • Brisbane’s headline consumer price index (CPI) increased 1. The total value of residential dwellings in Australia rose $512. 9% in September 2023 and down from 7. THE ALL GROUPS CPI. 8 per cent was the second highest since the introduction of the. Oct 28, 2020 · The Consumer Price Index (CPI) rose 1. e. The Consumer Price Index (CPI) rose 0. A summary of the percentage changes for the capital cities is listed. Canberra . 7% increase over the year. ALL GROUPS – CAPITAL CITIES COMPARISON. 5 Change in index points = 0. 7%, Perth rose 1. The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i. TABLE 2: Per cent changes in CPI by component group, June quarter 2023 % change in quarter % change in. 8%) recording the largest positive movements. 13) andAbout Global Terrorism Index: It is published annually by the Institute for Economics and Peace (IEP), a global think tank headquartered in Sydney, Australia The index provides a comprehensive summary of the key global trends and patterns in terrorism over the past 15 years. 700 2011-2012=100 in Jun 2023 and a record low of 3. The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i. rose 1. (5. 8% increase for the weighted average of eight capital cities. 800 1989-1990=100 for Mar 2012. 9. 6 Melbourne 133. The Consumer Price Index (CPI) rose 0. 5% in the December quarter 2018. 9 per cent in the December 2022 quarter and 7. 9%. rose 1. 4 136. 2%) to Sydney (-0. I004: Consumer Price Index: Forecast. 9 130. 9: 126. At the All groups level, the CPI rose in five out of the eight capital cities, while Perth, Hobart and Canberra recorded no movement. The health group was the largest negative contributor with drops in all cities. source: Australian Bureau of Statistics. 7%), Gas and other household fuels (+10. 2 per cent in the 12 months to August 2023, according to the latest data from the Australian Bureau of Statistics (ABS). 6% Contribution rates Per worker $3,187 $3,494 $3,494 Per visitor $5,299 $5,809 $5,809 Per resident $10,021 $10,986 $10,986 6401. ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/07/2014. 3pts 1. It should be noted that the annual reweight this year had a larger impact on the CPI than usual due to the significant changes in spending patterns over 2021 and 2022. Table 29. 3%). The CPI number for the September 2021 quarter was 117. 0 - Consumer Price Index, Australia, Mar 2017 Quality Declaration . 2 per cent) and. 1. 2% in automotive fuel, while rents rose 2. 0 135. 5% in the December quarter 2018. 7 for Sydney and 111. 1% over the twelve months to the March quarter 2017, compared with a rise of 1. 1%, no adjustment is made to STC pensions for the relevant year. The rate of pension payable on normal retirement is $5. 0 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS). Over the twelve months to the September 2022 quarter, the CPI rose 7. Adjusted CPI forecast. This 'basket' covers a wide range of goods and services, arranged in the following eleven groups: Food and non-alcoholic beverages. 6%). The Consumer Price Index (CPI) rose 0. Quality Declaration. The monthly CPI indicator rose 5. The source data for the CPI statistics are published by the Australian Bureau of Statistics, with updates normally issued within a few weeks of each period end. Historical inflation rates from 1949 to 2023 for Australia. At the All groups level, the CPI rose in all eight capital cities, ranging from 0. 4% in Perth and 2. The most significant price rises were seen in. 8% in September quarter 2022, resulting in a 7. 4% in Sydney to 3. Pensions commencing during the first three. 39. The new All Groups CPI number for Perth for the December 2022 quarter is 129. 6% in Adelaide. 1. The monthly Consumer Price Index (CPI) indicator rose 5. 7. In annual terms, Brisbane recorded the secondlargest increase while Adelaide Annually, the CPI rose 7. metropolitan households). 1. In the June quarter 2017, the All Groups CPI was 111. 5% in the June quarter 2014, compared with a rise of 0. 7 $1. 3%). Explanatory Notes. The data reached an all-time high of 113. Source. 6401. 3: Furnishings, household equipment and services: 1. 9%. Various series are presented in Table 8 in this publication to assist users analyse the CPI. 8. 2022 - 2023 CPI highlights*: Australia recorded an annual rise of 6. CPI (All Groups Sydney) - quarter Jun-21 Dec-22 Dec-22 CPI (All Groups Sydney) - value 119. 7: Perth: 0. 5 Change in index points = 0. Market Rent Review. 2. Carbon Pricing Frequently Asked Questions. 8 per cent in the June 2021 quarter, according to the latest data from the Australian Bureau of Statistics (ABS). All groups Excluding volatile items Weighted median Trimmed. 26/$1,610. 2 per cent in the September quarter, higher than the 0. 9% in the March quarter. The other four capital cities ranged from a 5. All Groups - Brisbane. 4% for the year to the December quarter 2022. rose 1. 6401. rose 1. The fall is driven by furniture (-1. 1%. 30 each fortnight) is paid on units. 8 per cent in the June 2023 quarter and 6. Quality Declaration. 7. 3% this quarter. This excludes Fruit and vegetables and Automotive fuel. 800 1989-1990=100 in Sep 1974. 4% last quarter. This would have resulted in a reduction to your pension, however, the scheme legislation has recently been amended to increase the threshold to -1. Australia Consumer Price Index (CPI): Darwin: All Groups data is updated quarterly, averaging 120. 4 per cent in the year to January 2023, according to the latest data from the Australian Bureau of Statistics (ABS). 6% . 8 per cent each year to 2061. 12 Levies Development Type Development that has a proposed cost of carrying out the development Up to and including $100,000 Nil More than $100,000 and up to and including $200,000 0. CPI weights are based on household spending for the year to June 2020 (the ‘weight reference period’), expressed in June 2020 quarter prices (the ‘price reference period’). 400 1989-1990=100 in Jun 2012 and a record low of 3. 800 1989-1990=100 in Jun 2012 and a record low of 3. The Consumer Price Index (CPI) rose 1. 9%) over the corresponding. 4. The weighted average CPI number for the June 2021 quarter was 118. The other four capital cities ranged from a 6. The new All Groups CPI number for Brisbane for the September 2022 quarter is 130. - The CPI (All Groups) Sydney for Council-owned land. The adjustment rate for State Super pensions is therefore 5. Some of the analytical series are compiled by taking subsets of the CPI basket, and most are self-explanatory, such as 'All groups CPI excluding food and non-alcoholic beverages' (a complete list of CPI groups, sub-groups and expenditure classes is contained in Tables 6 and 7). All Groups – Perth. 80% 1. 9%). 6431. TABLE 5. THE ALL GROUPS CPI. 4% over the. The rate of pension payable on normal retirement is $5.