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ARTICLE · 28 APRIL 2017

March 2017 quarter CPI Figures released

HopgoodGanim
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In this quarterly alert, Meryl Snow and Julie Hidalgo highlight the key areas of interest for landlords and tenants.

AustraliaReal Estate and Construction
Meryl Snow
Meryl Snow
Julie Hidalgo
Julie Hidalgo
Hayley O'Loughlin
Hayley O'Loughlin
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The Australian Bureau of Statistics released the Consumer Price Index figures for the March 2017 quarter today (for the period 1 January 2017 to 31 March 2017).

Both landlords and tenants may wish to:

  • check their leases to see whether a CPI rent review is due using the March 2017 quarter CPI; and
  • If a rent review is due, apply the correct Index number for that review.

Partner Meryl Snow and solicitor Julie Hidalgo highlight the key areas of interest for landlords and tenants.

Key areas of interest

All Groups - Brisbane

The new All Groups Index number for Brisbane for the March 2017 quarter is 110.5. The Index number for the March 2016 quarter was 108.5, so the new Index number represents an increase of 1.8% over the corresponding quarter for the previous year.

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