Australia's inflation crisis is improving, with a 0.2% CPI rise in Q3 2024, says PM Albanese.

Australian Prime Minister Anthony Albanese has announced that the country's inflation crisis is improving, citing the consumer price index (CPI) increased by only 0.2% in the third quarter of 2024, the lowest rise in over three years. The annual CPI increase is 2.8%, the lowest since March 2021. In addition, Albanese's government plans to cut student loans by 20% and make free TAFE education permanent, aiming to support Australians facing economic challenges.

November 03, 2024
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