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Technical update: CPI and AWOTE (Voss v3)
17 May 2022
Release overview
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CPI and AWOTE
Our assumptions for the future values of CPI and AWOTE have been updated, based on the ABS' latest release for the period ending 31 March 2022, and the projections of the RBA and Treasury.
Item | Current value | New value |
|---|---|---|
CPI | 2022: 4 2023: 3 2026 onwards: 2.5 | 2022: 6 2023 to 2025: 3 2026 onwards: 2.5 |
AWOTE | 2022: 2.75 2023 and 2024: 3.25 2025 onwards: 3.5 | 2022: 3 2023 to 2025: 3.5 2026 onwards: 3 |
Note that users' custom organisation assumptions from 2022 onwards will continue to apply, and are not affected by this change.
Notes for existing users
Please refresh your results for active cases
If you have any existing cases in progress, please refresh your results by clicking the Start Solve button for any scenarios where you created results on or before the release date of 17 May 2022. This will ensure that all your scenarios are consistent. Note that the numbers in your results may change when you re-solve, but it is better to be consistent across scenarios. If you are unsure when your results were created, see How to check when your results were created.
For the updated assumptions, any cases you started before the release date will continue with the previous assumptions. Any cases you create after the release date will have the new assumptions.