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Energy rebates could drive Aussie inflation below 3%

May 25, 2024 - 00:10 -- Admin

By Stephen Wu, Economist at CBA: Key Points: Federal and state government electricity rebates will shave two-thirds of a percentage point off Q3 24 CPI. State government rebates in Qld and WA are frontloaded, so the complete impact by Q2 25 is a more modest 0.4ppts. An expected 20% fall in electricity prices in Q3

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