Why are the majority of economists predicting a rate rise next year? And yes, I do understand that the only reason economists were invented was to make meteorologists look good.
Still, can someone please tell me from where this "inflation" will miraculously materialise? Property? Apart from the East Coast and Melbourne not much is happening. Wages? I don't think so. Goods and services? I don't think so either...
Is it just me, or do Australians have a bad case of inflation-phobia?
