Inflation: Reality Versus Spin, Versus Policy…

Ask most people, and they will say prices are rising, and rising fast. The latest consumer surveys showed that households across the country expect inflation to bubble higher, and our surveys confirm more are experiencing cash flow stress. In Australia as in many other countries inflation was already trending higher before the Gulf war and the spike in Oil prices and other commodities are going to flow through into more prices later, despite Government attempts to ease the effects by cutting fuel duty for a period, something which will reverse later, and spike inflation anew. The official figures released by the […]