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Government is cause of inflation, page-3

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Hingdog

25,637 Posts.

1623

03/08/24

15:50

Post #: 75057561
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Originally posted by Furpo2 ↑

ust Bureau of Stats.Prices of goods and services controlled by government are at the source of
inflation which is makinh balancing a budget so challenging.

Consumer Price Index, AustraliaOver the twelve months to the June 2024 quarter, the CPI rose 3.8%. The most significant price rises this quarter were Housing (+1.1%), Food and non-alcoholic beverages (+1.2%), Clothing and footwear (+3.1%), and Alcohol and tobacco (+1.5%).

Price indexes and inflation | Australian Bureau of Statistics

Australian Bureau of Statistics
https://www.abs.gov.au › statistics › economy › sort

The government increases the price of alcohol twice a year.

They stupidly import more immigrants than there are houses, so costs go up.

So despite denials Mr Albanese, treasurer Jim Chalmers and the Fed Govt
are the root cause of our economic trouble.
according to the
Australian Bureau of Statistics

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Not to mention the government has been spending like a drunken sailor ever since they were elected and now project a decade of deficits to come.
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