"anyway...the rate of inflation is closer to 10% pa... but the govt's have fiddled with it so much...to keep it low...since so many wages, pensions and other forced costs are attached to that CPI rate...
its cheaper for them to use a 3% rate for the payouts...than to pay the true rate.."
i also think the employment rate of 5.2% is a furphy by Labor in how its calculated and housing is holding up extremely well under the circumstances.
