Yes but a lot of the inflation is supply line created, not from excess demand.
It's a real mess.
The worst bit is the state of the housing market and affordable housing is an empty promise.
This has a long way to play out.
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- Will the RBA be able to keep banks afloat as fixed loans switch to variable?
Will the RBA be able to keep banks afloat as fixed loans switch to variable?, page-5
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