The Australian Bureau of Statistics has today released the
Consumer Price Index (CPI) figures for the June 2013 quarter (for
the period March to June 2013).
Landlords may wish to:
- check their leases to see whether a CPI rent review is due this
quarter; and
- apply the correct index number for that review, if a rent
review is due.
Partner Meryl Snow and senior associate Craig Willey highlight
the key areas of interest for landlords.
Key areas of interest
The new All Groups Index number for Brisbane for the June
quarter is 102.5. This is an increase of 0.5 percent (or 0.5 index
points) from the March 2013 quarter, which had a value of 102.0.
The June 2012 quarter had an adjusted value of 100.5, so the new
index represents an increase of 2.0 percent (or 2.0 index points)
over the corresponding quarter for the previous year.
