Growth worries hit Australia - inflation so low

Australia's inflation rate has fallen so low that the Treasurer is worried and the Reserve Bank is rethinking the economic outlook.

Australia's quarterly rate came in at just 0.4 per cent in the March quarter. In the six months to March after the one-off jolt to prices from the introduction of the carbon tax, prices climbed just 0.6 per cent. Annualised, the six-month inflation rate is 1.2 per cent ... READ MORE

Released by Fairfax - Stuff - 25 April 2013