I have noticed restaurant and cafe food has gone up! Even potatoe crisps although it look cheaper, the reduce the weight. I could make a case using coffee but we all know coffee futures have trended lower for years. I read in Perth that housing rental has gone up. I find this amazing since RE has gone backwards for years so why should yield go up?
Scomo will have no choice but keep the various job keeper programs running unless he is tired of his career. As long as China keeps taking our IO, RBA will keep printing so Scomo can continue to run up ultra cheap debt!
