MAIN CONTRIBUTORS TO CHANGE
PENSIONER AND BENEFICIARY HOUSEHOLDS (+0.4%)
The PBLCI rose 0.4% in the June quarter 2016. The main contributor to the rise is in alcohol and tobacco (+1.3%), driven by tobacco. Increases to tobacco are mainly due to price rises resulting from the 1.2% federal excise increase effective from 1 March 2016. Transport (+1.6%) also contributed to the rise, driven by increases in unleaded, premium and ethanol fuels, as world oil prices increased from a 12-year low last quarter to over $US45 at the end of May.
Food and non-alcoholic beverages (-0.3%) contributed the most significant partial offset this quarter, driven by significantly increased specialling across a number of item categories.
The PBLCI recorded the same rise as the CPI (+0.4%) this quarter.
Over the last twelve months the PBLCI rose 0.9% while the CPI rose 1.0%.
EMPLOYEE HOUSEHOLDS (+0.3%)
The living cost index for employee households rose 0.3% in the June quarter 2016. The main contributor to the rise for employee households is in health (+2.2%). The rise is due to increases in private health insurance premiums from 1 April. Transport (+1.1%) also contributed to the rise, driven by increases in unleaded, premium and ethanol fuels, as world oil prices increased from a 12-year low last quarter to over $US45 at the end of May.
Recreation and culture (-0.6%) contributed the most significant partial offset this quarter, driven by domestic holiday travel and accommodation. Falling accommodation and airfare prices reflect the softening demand during the winter period.
The LCI for employee households recorded a smaller rise than the CPI (+0.4%) this quarter. Employee households do not include new dwelling purchase by owner-occupiers, which rose this quarter, driven by increasing material costs in some cities.
Over the last twelve months the LCI for employee households rose 1.0% while the CPI rose 1.0%.
AGE PENSIONER HOUSEHOLDS (+0.5%)
The living cost index for age pensioner households rose 0.5% in the June quarter 2016. The main contributor to the rise for age pensioner households is in health (+1.7%). The rise is due to increases in private health insurance premiums from 1 April. Transport (+1.6%) also contributed to the rise, driven by increases in unleaded, premium and ethanol fuels, as world oil prices increased from a 12-year low last quarter to over $US45 at the end of May.
Food and non-alcoholic beverages (-0.2%) contributed the most significant partial offset this quarter, driven by significantly increased specialling across a number of item categories.
The LCI for age pensioner households recorded a larger rise than the CPI (+0.4%) this quarter. Age pensioner households have a higher expenditure on health, which rose this quarter, when compared to the CPI population.
Over the last twelve months the LCI for age pensioner households rose 0.7% while the CPI rose 1.0%.
OTHER GOVERNMENT TRANSFER RECIPIENT HOUSEHOLDS (+0.5%)
The living cost index for other government transfer recipient households rose 0.5% in the June quarter 2016. The main contributor to the rise for other government transfer recipient households is in alcohol and tobacco (+1.5%), driven by tobacco. Increases to tobacco are mainly due to price rises resulting from the 1.2% federal excise increase effective from 1 March 2016. Transport (+1.5%) also contributed to the rise, driven by increases in unleaded, premium and ethanol fuels, as world oil prices increased from a 12-year low last quarter to over $US45 at the end of May.
Food and non-alcoholic beverages (-0.4%) contributed the most significant partial offset this quarter, driven by significantly increased specialling across a number of item categories.
The LCI for other government transfer recipient households recorded a larger rise than the CPI (+0.4%) this quarter. Other government recipient households have a higher expenditure on alcohol and tobacco, which rose this quarter, when compared to the CPI population.
Over the last twelve months the LCI for other government transfer recipient households rose 1.1% while the CPI rose 1.0%.
SELF-FUNDED RETIREE HOUSEHOLDS (+0.4%)
The living cost for self-funded retiree households rose 0.4% in the June quarter 2016. The main contributor to the rise for self-funded retiree households is in health (+2.9%). The rise is due to increases in private health insurance premiums from 1 April. Transport (+0.9%) also contributed to the rise, driven by increases in unleaded, premium and ethanol fuels, as world oil prices increased from a 12-year low last quarter to over $US45 at the end of May.
Recreation and culture (-1.0%) contributed the most significant partial offset this quarter, driven by domestic holiday travel and accommodation. Falling accommodation and airfare prices reflect the softening demand during the winter period.
The LCI for self-funded retiree households recorded the same rise as the CPI (+0.4%) this quarter.
Over the last twelve months the LCI for self-funded retiree households rose 1.1% while the CPI rose 1.0%.
Percentage change, Commodity group - March Quarter 2016 to June Quarter 2016 |
|
 | Pensioner and beneficiary LCI | Employee LCI | Age pensioner LCI | Other government transfer recipient LCI | Self-funded retiree LCI | Consumer Price Index (CPI) |
| Weighted average of eight capital cities | | | | | | % |
|
| Food and non-alcoholic beverages | -0.3 | -0.3 | -0.2 | -0.4 | -0.2 | -0.3 |
| Alcohol and tobacco | 1.3 | 1.0 | 0.8 | 1.5 | 1.0 | 1.0 |
| Clothing and footwear | 2.1 | 2.0 | 2.1 | 2.1 | 2.1 | 2.0 |
| Housing(a) | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.4 |
| Furnishings, household equipment and services | 0.6 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 |
| Health | 1.3 | 2.2 | 1.7 | 0.5 | 2.9 | 2.6 |
| Transport | 1.6 | 1.1 | 1.6 | 1.5 | 0.9 | 1.0 |
| Communication | -1.4 | -1.5 | -1.3 | -1.4 | -1.4 | -1.5 |
| Recreation and culture | -0.4 | -0.6 | -0.4 | -0.2 | -1.0 | -0.7 |
| Education | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Insurance and financial services(b) | 0.5 | 0.1 | 0.9 | 0.3 | 1.0 | 0.5 |
| All groups | 0.4 | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 |
|
| (a) House purchases are included in the CPI but excluded from the other indexes. |
| (b) Includes interest charges and general insurance, except for the CPI. Interest charges are excluded from the CPI and general insurance is calculated on a different basis. |
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