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Inflation is over 11%

Depending on the Definition, inflation is actually over 11%.

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Depending on the Definition, inflation is actually over 11%.

References

Inflation data ‘very poor’ cost of living measure due to house price exclusion

https://www.abc.net.au/news/2017-04-20/inflation-data-suffers-from-exclusion-of-housing/8457718#:~:text=Home%20price%20exclusion%20’masks’%20intergenerational%20inequity&text=%22For%20aspiring%20home%20owners%20dwelling,living%20costs%20that%20they%20face.%22

https://www.abs.gov.au/statistics/industry/building-and-construction/building-approvals-australia/latest-release