MAIN CONTRIBUTORS TO CHANGE
PENSIONER AND BENEFICIARY HOUSEHOLDS
The PBLCI rose 0.4% in the June quarter 2014. The main contributors to the rise were alcohol and tobacco (+2.0%), clothing and footwear (+1.9%), furnishings, household equipment and services (+1.0%) and food and non-alcoholic beverages (+0.5%). The rise in alcohol and tobacco was partially due to the flow-on effects of the excise tax increase from 1 March 2014.
Transport (-1.0%) contributed the most significant partial offset, largely due to falls in automotive fuel.
The PBLCI recorded a smaller rise than the CPI (+0.5%) in the June quarter 2014. The housing group in the SLCIs does not include new dwelling purchase by owner–occupiers, which was a major contributor to the rise in the CPI this quarter. For further information, see paragraph 14 of the Explanatory Notes.
The PBLCI rose 3.1% through the year to the June quarter 2014 compared to the CPI which rose 3.0% through the year to the June quarter 2014.
EMPLOYEE HOUSEHOLDS
The living cost index for employee households rose 0.4% in the June quarter 2014. The main contributors to the rise were health (+2.5%), alcohol and tobacco (+1.5%) and furnishings, household equipment and services (+1.2%). The rise in health was mainly the result of increases in private health fund premiums effective from 1 April 2014 and the indexation to the Private Health Insurance rebate effective from 1 April 2014. The rise in alcohol and tobacco was partially due to the flow-on effects of the excise tax increase from 1 March 2014.
Transport (-0.8%) contributed the most significant partial offset, largely due to falls in automotive fuel.
The LCI for employee households recorded a smaller rise than the CPI (+0.5%) in the June quarter 2014. The housing group in the SLCIs does not include new dwelling purchase by owner-occupiers, which was a major contributor to the rise in the CPI this quarter. For further information, see paragraph 14 of the Explanatory Notes.
The LCI for employee households rose 2.3% through the year to the June quarter 2014 compared to the CPI which rose 3.0% through the year to the June quarter 2014.
AGE PENSIONER HOUSEHOLDS
The living cost index for age pensioner households rose 0.4% in the June quarter 2014. The main contributor to the rise was health (+1.8%), mainly due to increases in private health fund premiums effective from 1 April 2014 and the indexation to the Private Health Insurance rebate effective from 1 April 2014. Alcohol and tobacco (+1.5%), furnishings, household equipment and services (+0.9%) and food and non-alcoholic beverages (+0.5%) also contributed to the rise.
Transport (-1.0%) contributed the most significant partial offset, largely due to falls in automotive fuel.
The LCI for age pensioner households recorded a slightly smaller rise than the CPI (+0.5%) in the June quarter 2014. The housing group in the SLCIs does not include new dwelling purchase by owner-occupiers, which was a major contributor to the rise in the CPI this quarter. For further information, see paragraph 14 of the Explanatory Notes.
The LCI for age pensioner households rose 3.1% through the year to the June quarter 2014 compared to the CPI which rose 3.0% through the year to the June quarter 2014.
OTHER GOVERNMENT TRANSFER RECIPIENT HOUSEHOLDS
The living cost index for other government transfer recipient households rose 0.4% in the June quarter 2014. The main contributor to the rise were alcohol and tobacco (+2.1%), partially due to the flow-on effects of the excise tax increase from 1 March 2014. Clothing and footwear (+2.0%) also contributed to the rise.
Transport (-1.0%) contributed the most significant partial offset, largely due to falls in automotive fuel.
The LCI for other government transfer recipient households recorded a slightly smaller rise than the CPI (+0.5%) in the June quarter 2014. The housing group in the SLCIs does not include new dwelling purchase by owner-occupiers, which was a major contributor to the rise in the CPI this quarter. For further information, see paragraph 14 of the Explanatory Notes.
The LCI for other government transfer recipient households rose 3.1% through the year to the June quarter 2014 compared to the CPI which rose 3.0% through the year to the June quarter 2014.
SELF-FUNDED RETIREE HOUSEHOLDS
The living cost index for self-funded retiree households rose 0.5% in the June quarter 2014. The main contributors to the rise were health (+3.0%) and alcohol and tobacco (+1.5%).The rise in health was mainly the result of increases in private health fund premiums effective from 1 April 2014 and the indexation to the Private Health Insurance rebate effective from 1 April 2014. The rise in alcohol and tobacco was partially due to the flow-on effects of the excise tax increase from 1 March 2014. Furnishings, household equipment and services (+0.9%) also contributed to the rise.
Transport (-0.8%) contributed the most significant partial offset, largely due to falls in automotive fuel.
The LCI for self-funded retiree households recorded the same movement as the CPI (+0.5%) in the June quarter 2014.
The LCI for self-funded retiree households rose 3.2% through the year to the June quarter 2014 compared to the CPI which rose 3.0% through the year to the June quarter 2014.
Percentage change, Commodity group - March Quarter 2014 to June Quarter 2014 |
|
 | 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 | 0.5 | 0.4 | 0.5 | 0.4 | 0.5 | 0.4 |
| Alcohol and tobacco | 2.0 | 1.5 | 1.5 | 2.1 | 1.5 | 1.6 |
| Clothing and footwear | 1.9 | 1.5 | 1.8 | 2.0 | 1.3 | 1.5 |
| Housing(a) | 0.3 | 0.3 | 0.1 | 0.3 | 0.1 | 0.8 |
| Furnishings, household equipment and services | 1.0 | 1.2 | 0.9 | 1.0 | 0.9 | 1.1 |
| Health | 1.4 | 2.5 | 1.8 | 0.7 | 3.0 | 2.9 |
| Transport | -1.0 | -0.8 | -1.0 | -1.0 | -0.8 | -0.7 |
| Communication | -1.6 | -1.7 | -1.7 | -1.6 | -1.7 | -1.7 |
| Recreation and culture | -0.3 | -0.3 | -0.1 | -0.4 | -0.3 | -0.3 |
| Education | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
| Insurance and financial services(b) | -0.2 | 0.1 | -0.2 | -0.2 | 0.1 | 0.0 |
| All groups | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 |
|
| (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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