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Scott th Ratbag

58,097 Posts.

664

28/02/24

13:39

Post #: 72645101
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Originally posted by Furpo2: ↑

The blame for the explosion in prices is largely the fault of basic input costs.
(There was a news report today that inflation is back to 3.5% - BS imho).

Bureaucrats are more likely to ignore costs as shire councillors
lift their gaze from roads and rubbish
and debate Gaza, islander and Pride flags.

My local council has so many poles, they have a flag officer.

Basic costs like electricity, diesel, shire rates, insurance and government charges have to be reduced
if Australia is to have any hope of being competitive.

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g'day furps....

The monthly CPI indicator rose 3.4% in the 12 months to January.
The most significant price rises were Housing (+4.6%), Food and non-alcoholic beverages (+4.4%), Alcohol and tobacco (+6.7%) and Insurance and financial services (+8.2%).
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