GSFM

Demand for minerals needed for decarbonisation and the lower Australian dollar are driving increased M&A activity in Australia, and analysts say the trend is likely to pick up, with the availability of well-valued stocks adding appeal for would-be buyers.

Highly anticipated new consumer price data showed the inflation rate in Australia hit its highest level since 1990 in the December quarter. But analysts are mixed on whether inflation will moderate later this year or become more entrenched.

Experts forecast a more balanced budget with an even-handed dispersion of revenue and spending measures. Income tax cuts will likely go ahead, while super should get a break from further tinkering.