Cost Of Living 2024 Trends Australia. Australia's economy is limping along, but the tepid gdp growth at the end of 2023 again fails to keep up with a booming population. Living cost indexes (lcis) measures the price change of goods and services and its effect on living expenses of selected household types
Food prices continued to rise, house sales hit record highs, utility bills increased, and. All five living cost indexes (lcis) rose between 1.2% and 1.4% in the june 2024 quarter.
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