"The big rises were in auto fuel (12.6%) and rent (12%)"
Another 12% for the humble investor.
I know the RBA wish list is inflation at 2-3%
Realistically why cant they just move their scale to 4-5% which seems more appropriate considering the property boom, mining boom, higher petrol and food costs, low unemployment, maybe 4-5% is the new normal for Australia so to speak.
Any thoughts?
another nail in the coffin, page-2
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