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Australian Associated Press

Australian Associated Press was formed in 1935 as the national news agency of Australia. Today AAP is Australia's largest independent originator and aggregator of news and information, serving the media, government, business and financial markets.

AAP's media intelligence division; Medianet, leverages this foothold in the Australian media to distribute press releases and media statements nationwide.

AAP Medianet is the most reputable press release distribution service in Australia offering direct access to newsrooms and journalists with publishing to the AAP Newswire and to the Medianet website, dissemination via email, SMS and other online publishing options. Medianet also offers an industry-unique news release review service where-by our editorial team review and score press releases for their newsworthiness for the media industry.

Internationally, as an AsiaNet member, Medianet communicates directly with 33 countries across the Asia-Pacific region and beyond, through its exclusive links with leading news release organisations in Europe and the United States.

AAP Medianet

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Australia

AAP Medianet (Melbourne office)
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Australia

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medianet@aap.com.au

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Website:
www.medianet.com.au
Latest Press Release
-FILE- Federal Treasurer Scott Morrison speaks at Australian Housing and Urban Research Institute (AHURI) at Village Roadshow Theatrette at the State Library of Victoria in Melbourne, Monday, April 10, 2017. (AAP Image/Julian Smith)

-FILE- Federal Treasurer Scott Morrison speaks at Australian Housing and Urban Research Institute (AHURI) at Village Roadshow Theatrette at the State Library of Victoria in Melbourne, Monday, April 10, 2017. (AAP Image/Julian Smith)

FED: Inflation Returning to Normality

Wed 26 Apr 2017

As Treasurer Scott Morrison juggles the books for the May 9 budget all eyes will be on the latest inflation figures.

The March quarter consumer price index due on Wednesday is expected to show annual inflation is picking up.

It's expected to rise above two per cent and move back into the Reserve Bank's target band for the first time in two years.

Financial markets expect the CPI rose by around 0.6 per cent in the March quarter for an annual rate of 2.3 per cent, compared to 1.5 per cent in the December quarter.

The rise is expected to be driven a jump in pharmaceutical prices, a pick-up in petrol prices and higher utility bills.

Weak inflation is often interpreted as a sign of a soft economy.

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