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$300 credit reduces the calculated cpi & they include it when...

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Tarvold

19,094 Posts.

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14/05/24

21:16

Post #: 73823875
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Originally posted by Hingdog: ↑

You may have missed that we're not in a sudden emergency pandemic situation now, instead we're in a high inflation environment where the RBA is battling to put the inflation genie back in the bottle, yet these donkeys are throwing money around like confetti, $300 to everyone regardless of income or wealth. It's stupid enough to be subsidising electricity after their determined efforts to tax electricity but to not even means test those subsidies is just insanity

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$300 credit reduces the calculated cpi & they include it when calculating inflation.
So at worse it's neutral on inflation.

Last edited by Tarvold: 14/05/24
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