Consumer prices (CPI) during each prime minister's tenure
Every prime minister since 1991, ranked by how consumer prices (CPI) changed from their first day in office. Politare shows what happened during a tenure; it does not claim the office-holder caused it.
| # | Prime minister | In office | Total | Per year | Chart |
|---|---|---|---|---|---|
| 1 | LIB John Howard | 11 Mar 1996 – 3 Dec 2007 | +33.9% Q4 1995 → Q3 2007 | +2.5%/yr | |
| 2 | ALP Anthony Albanese | 23 May 2022 – now | +18.9% Q1 2022 → Q2 2026 | +4.2%/yr | |
| 3 | ALP Paul Keating | 20 Dec 1991 – 11 Mar 1996 | +11.2% Q3 1991 → Q4 1995 | +2.5%/yr | |
| 4 | LIB Scott Morrison | 24 Aug 2018 – 23 May 2022 | +9.6% Q2 2018 → Q1 2022 | +2.5%/yr | |
| 5 | ALP Kevin Rudd | 3 Dec 2007 – 24 Jun 2010 | +7.8% Q3 2007 → Q1 2010 | +3.1%/yr | |
| 6 | ALP Julia Gillard | 24 Jun 2010 – 27 Jun 2013 | +7.5% Q1 2010 → Q1 2013 | +2.5%/yr | |
| 7 | LIB Malcolm Turnbull | 15 Sep 2015 – 24 Aug 2018 | +5.1% Q2 2015 → Q2 2018 | +1.7%/yr | |
| 8 | LIB Tony Abbott | 18 Sep 2013 – 15 Sep 2015 | +4.6% Q2 2013 → Q2 2015 | +2.3%/yr |
Sorted by total, highest first. Every row is indexed to the last quarter complete before the first day in office ("from" marks a start that had to move because that period had no data, or because the period cut it); Levels are per cent changes, rates are differences in %; "per year" compounds levels and divides rates. Tenures with under 12 months, or under three observations, are left out. index, September 2025 = 100 · ABS, Consumer Price Index (CPI), all groups, weighted average of the eight capital cities (quarterly to 2025, then the monthly CPI's quarterly averages) · Australia data · as of Sep 2026.