Interest Rates Fears As Inflation Rises To 4%

Australia's monthly inflation rate has increased to 4 per cent, its highest level in 2024, fanning fears that interest rates may be hiked again.
#Inflation #Australia #CostofLiving

[@BUY_YOUTUB_VIEWS_768]

That's quite an improvement on your videos, good job!

[@arclux]

The gubment needs to get its spending under control. This isn't being driven by consumers.

[@paulgraham5790]

Labor doing what Labor does.

[@zen1647]

I agree. We should stop subsidies for fossil fuel companies and foreign automotive companies.

[@arclux]

@zen1647
And rationalise social services and cut public servants by 25%.

[@user-vb2bq4jl8q]

Raising interest rates wouldn’t help inflation rate going down as Australia dollar gets weaker oversea buyers buy more properties here. This is how it work.

[@0401412740]

Council rates, insurance costs, education fees.... I cant control those prices. Those are inelastic demand..... Why i get punished for interest and costs? Stop migration, stop wage increases yearly, buy back back all government bonds and cut spending...

[@strikeforce448]

Isn't it ironic how wage increases less than inflation, are always blamed for causing inflation (despite the fact that inflation spiked when wages were going backwards) yet multimillion dollar salaries and bonuses for CEOs and the record profits that there companies are making- which is what is actually causing inflation never enter the conversation.