True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
With massive job losses and uncertainty a recent memory for Australia’s casual workforce, will they be willing to return to a working situation that treated them so poorly in the pandemic?
With inflation on the rise, people are looking for safe havens for their money – and markets that were considered riskier in the past are now looking increasingly attractive.
The US debt ceiling is a form of self-delusion: a limit imposed on a borrower by the borrower itself. Australia had one until the Coalition and the Greens abolished it.
