Australia's largest stock trading and investment forum Australia's #1 stock forum

Inflation, page-32

First 32 Last

Share
Profile

Follow
SonicBlast

10,600 Posts.

39

31/05/23

16:52

Post #: 68062038
Share

Originally posted by Abouttime789: ↑

Yes and No

Fuel is dropping...........Unleaded is in the low $1.60's in Sydney currently if you buy at the right time of day. The reason April showed a big jump in fuel is because of a tax arrangement the year prior. Think you will find in May that fuel actually dropped.

Alot of the items pushing CPI are not impacted by OCR. Electricity & Rents is not impacted by OCR. The more we raise OCR, the more landlords just pass it onto tenants. We are in a bit of a tumble dyer at the moment. We are asking the RBA to do what the Fed Gov should be doing; all we are doing is smashing the less fortunate and young people.

But like Lowe himself said on Senate hearing today, it's easier for him to be the bad guy because he is not voted in by the public.

Expand

Going up. How do people budget for Adelaide?

Steep rises too.
Upvote

Reply

Top Stories

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Microcap Wrap: 5 explorers with news out today

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

RCE

Recce's R327 found effective against E.coli during clinical trial

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

There are more pages in this discussion • 23 more messages in this thread...

First 32 Last

SPONSORED BY