Beef Prices Soars as Food inflation increases.
Tag: CPI
Cost of WhiteGoods is set to SkyRocket Next Year due to increasing shipping costs.
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Food is getting expensive
#Food #Retail #HeiseSays Food is getting more expensive. References Food prices rising at Coles and Woolworths as competition easeshttps://www.afr.com/companies/retail/food-prices-rising-at-coles-and-woolworths-as-competition-eases-20191105-p537i0?fbclid=IwAR1EqLuUXC27V-voZEnM97TsJxZ6HwzVYltCA7-flI6shyjWH0erWaZiuHQ
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Cost of Living Increases
#CPI #Living #HeiseSays Cost of living is increasing. References Inflation edges up taking some heat off the RBA to cut interest rates https://www.abc.net.au/news/2019-10-30/inflation-edges-up-taking-some-heat-off-rba-to-raise-rates/11652388?section=business
#Recession #Economy #Australia The US is calling Australia out on our three hidden recessions. References https://www.stlouisfed.org/on-the-economy/2019/september/australia-28-year-expansion
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Inflation and Housing
#Inflation #Housing #Australia Existing housing purchases are not included in CPI. How would our inflation rate look if it were included? References Inflation data ‘very poor’ cost of living measure due to house price exclusionhttps://mobile.abc.net.au/news/2017-04-20/inflation-data-suffers-from-exclusion-of-housing/8457718 Shadow Government Statisticshttp://www.shadowstats.com/alternate_data/inflation-charts Housing affordability in Australiahttps://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability
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Is Australia in a Depression?
#Australia #Economy #Depression Let’s look at the numbers and see if Australia meets Keynes’ definition of a depression. References
#Economy #Recession #Consumption Consumers are being blamed for worsening economic conditions. But can people be blamed because while our costs of living have increased wage growth has been virtually non-existent? https://youtu.be/cjZK4gd9pSM References How a consumer go-slow and a pile of debt is killing the economy https://www.abc.net.au/news/2019-09-08/economy-grinds-down-as-consumers-keep-their-wallets-shut/11487524?section=business
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Education and Health Costs Are Up
#Education #Economy #Recession The Government dominated sectors of Healthcare and Education are driving up our costs of living. Are subsidies or competition the solution? References Families feel squeeze as healthcare, education costs outpace inflation https://www.theage.com.au/politics/federal/families-feel-squeeze-as-healthcare-education-costs-outpace-inflation-20190819-p52ihv.html