Liberal Senator Dave Sharma discusses the concerns around the increase in the monthly CPI.
The April CPI indicator rose to 3.6 per cent from 3.5 per cent, worrying mortgage holders around Australia.
“We’ve got concerns that the budget that the government announced last week is going to add to inflationary pressures in the economy,” Mr Sharma told Sky News Australia.
“You’re already seeing economists out there today saying the reserve bank might need to raise rates.”
source
0.1% higher of the previous month. Why is people acting such a big deal??? It was the Hoilday season it's even lower than what the RBA predicted lol.
😂😂😂😂they haven't gone up thanks to Labor in the last 5 months… REALITY
That’s misinformation because Jim Chalmers said it wouldn’t cause inflation
Everything is going to shit
Your banks have sold all your properties to a third party Westpac has sold them to JP MORGAN
https://youtu.be/r8PxV5K0M9c?si=6IHDcmZK6TkFsj00
Yea so labor needs to go ASAP
Noice!
We should not be allowing immigration of people who hate us.
Since 1960 the average inflation had been 4.6 percent only a total idiot would believe its 3.6.at this point. The government is full of shite.inflation is pushing 20 percent. Rates are not the only way to control Inflation it's a blunt instrument.
As for Palestine it no longer exists. It's over.the Gaza is now owned by Israel…it's called the spoils of war.how many years did we have to listen to the crap about the golan Heights…. decades…did they get it back absolutely not.isreal now owns Gaza…..forever. get used to it Palestine no longer exists.
Everything Labor touches turns to crap
It seems only Labor and banks predicted interest rate is going to go down. They certainly know something that we don't 😂
Robodebt probably caused a cost of living crisis.
Another rate rise will push many Australian households over the edge.
Cafes are full, shopping centres are full, people are going on holidays and people are buying expensive cars. What cost of living pressures????
3.6% 🙄🤔🤔 honestly!! who makes this crap up!!…….Seriously!!……for starters it significantly much higher than that……ask the poor younger home buyers with young families and mortgages that have more than doubled….OMG …Sorry, I forgot …..that's not included in the calculations for CPI??
I always get a shock when I am filling the car with $20 worth of petrol. It hardly goes half tank. People have got monstrous cars and 4wd/s that are using 3 times as much!
We're in a recession but the powers that be won't dare mention that scary word.
Nightmare scenario…..slowing economy and rising interest rates Virtually guaranteeing a serious recession
Why don’t government reduce taxes on fuel , push 2 big retailers and subsidise insurance and education
Of course it fucking is, interest rates don’t fix inflation. STOPPING THE PRINTING OF CURRENCY FIXES INFLATION. All these experts are just lying fkkn clowns. Inflation and interest rates are all the same shit. It steals your currency and spending power that’s it!! WAKE UP WIPE OUT IS HERE.
But the issue is that the lobby in Australia arm twists and influences the Australian elected to take actions against Australia's interest and in favour of tge foreign country Isreal. Im not saying this, Carr, Rudd and other Australian politicians are saying this. It must be addressed Dave.
Ok. Who are the morons who keep voting labour in? How many times do they have to stuff the country before people stop voting for the circus.
The liberal government started the inflation by paying 18 year old casuals a full time wage to stay home and jerk-off during COVID. Now Labour is doing what Labour does best, splashing out cash left right and centre to buy votes. Both parties are to blame.