Federal budget ‘mechanically moving’ headline inflation

Independent analyst Evan Lucas says the federal budget is “mechanically moving” headline inflation.

Mr Lucas said headline inflation will “technically decrease” as the promised energy rebates from the budget “kick through”.

federal budget ‘mechanically moving’ headline inflation

Federal budget ‘mechanically moving’ headline inflation

“What’s it going to do to core inflation? Almost nothing, in terms of what it does,” Mr Lucas told Sky News Australia.

OTHER NEWS

24 minutes ago

Location behind Kate Middleton's touching Father's Day photo of Prince William and their children is revealed

24 minutes ago

Virgil van Dijk is 12/1 with Sky Bet to score a header - as Netherlands battle Poland in their Euro 2024 opener in Hamburg today

24 minutes ago

Hippy-crack driver, 24, who killed cyclist, 56, as he inhaled laughing gas from a balloon while driving BMW with his knees is jailed - as horrific CCTV shows moment car knocks down nurse

24 minutes ago

New video shows England fan 'leading' chorus of '10 German Bombers' in the streets of Dusseldorf ahead of Three Lions clash with Serbia - defying police and FA warnings to fans

24 minutes ago

'Hardest Geezer' Russ Cook arrives in Germany for Euros after running 352 miles to support England - and predicts Three Lions victory over Serbia

24 minutes ago

'Is my mother still alive?': Hostage Noa Argamani's first words revealed after she was rescued by Israeli special forces - as dramatic footage shows daring raid on Hamas compound

28 minutes ago

General Election 2024 London seats: Who will be my MP in...Clapham and Brixton Hill?

28 minutes ago

How woke capitalists’ gravy train came to a juddering halt

28 minutes ago

Double Emmerdale exit confirmed as couple set to move away for good

28 minutes ago

European giants drop Greenwood for Sancho

28 minutes ago

T20 World Cup 2024: Super 8s fixtures, results, group tables

29 minutes ago

Cucumber Recall Update As FDA Sets Highest Risk Level

29 minutes ago

'Favouritism has ruined the team': Pakistanis call for accountability as cricket team exits T20 World Cup

29 minutes ago

Peter Dutton edges out Anthony Albanese as preferred prime minister

29 minutes ago

Woman, 70, arrested for alleged involvement in series of pickpocketing cases in Yishun Ring Road

29 minutes ago

Southgate hopes to deliver in what could be his final tournament with England

29 minutes ago

Cute as babies, performing like monsters: K-pop girl group BabyMonster live up to their name

30 minutes ago

Dutch fans line the streets of Hamburg in their thousands ahead of their Euro 2024 opener vs Poland... as 'CRAZY' sea of orange goes viral

30 minutes ago

LISTEN to It's All Kicking Off! How Gareth Southgate has got England believing

30 minutes ago

Benjamin Sesko and Rasmus Hojlund to both score today NOW 16/1 - as Slovenia and Denmark clash in their opening Euro 2024 group games

30 minutes ago

Christian Eriksen is in the spotlight again three years on from suffering a cardiac arrest, the Denmark ace is eager to prove he's still got it on his Euros return

30 minutes ago

Steve Borthwick urges his England players to attract a new dynasty of rugby fans on summer tour of Japan and New Zealand... as he hails 'incredible' Three Lions boss Gareth Southgate ahead of Euro 2024

30 minutes ago

Noted Japanese author Haruki Murakami is happy with first animated adaptation of his short stories

30 minutes ago

Andy Murray selected for Team GB’s Olympic tennis squad

33 minutes ago

Marco Pierre White's convict son is busted stealing £250 from café after smashing his way into deli in early hours raid - before his trousers fall down as he crawls through window in bid to escape

34 minutes ago

Apple transforms from AI-laggard to potential AI-leader

34 minutes ago

American star books Paris ticket

34 minutes ago

On Bloomsday, Celebrating ‘Ulysses’ and Female Creativity

34 minutes ago

This is how long you should shower for, according to a dermatologist

36 minutes ago

Health-care system is 'broken,' Niagara woman says, after dad suddenly dies in emergency room

36 minutes ago

The 10 ATP players with the best grass-court records: ft. Roger Federer and Novak Djokovic

36 minutes ago

3 stocks that could create lasting passive income

36 minutes ago

Kaizer Chiefs and Nabi to have their preseason training in Europe?

36 minutes ago

Video: Married At First Sight's Jules Robinson throws wild baby shower complete with nappy-sniffing challenge and VERY racy games

36 minutes ago

Sylvia Jeffreys reveals the secret behind the perfect family holiday

36 minutes ago

Video: Brittany Hockley overcome with emotion as she watches video of her friends reacting to news of her engagement to Benjamin Siegrist

36 minutes ago

Brittany Hockley overcome with emotion as she watches video of her friends reacting to news of her engagement to Benjamin Siegrist

41 minutes ago

BYD Seal electric vehicle owner's embarrassing mistake on Perth's City Beach

42 minutes ago

LeBron James Receives New Nickname After Attending WNBA Game

42 minutes ago

Novo Nordisk CEO to testify before Senate on Ozempic pricing