market revaluation 75 cents., page-62

To be honest its not the building costs that contribute to household inflation in Australia, its land cost because land is controlled and there is too much centralization of infrastructure which prevents housing development. If land was $90000 a block instead of 300000 we would not have an issue. The high cost of land and lack of outer city infrastructure results in higher loans which is what really contributes to CPI.

Inflation is based more closely to household cost of living than general price increases.
The sinners are energy, land and food costs. Food not as much and will sort itself out.
Energy and land need more government intervention.

There is some supply chain pressure but this will sort itself out in several months.
We have reached a point of no return and need a housing crash before the country enters a debt trap like the US.
Rates will be up around 5 to 7% by xmas and even that might not be enough. Its fascinating really.

If the rates do rise to 5 to 7%, the return on investment expected in the ASX will be around 12% and stock prices will fall by about 60%, great buying. The gold price retrace is only a small part of the equation.