Post by NFA on Jun 29, 2024 17:56:34 GMT 8
CRISIS: Australia is facing a huge inflation crisis - and Labor is to blame
This week inflation hit 4% - with underlying inflation at 4.4% - adding to more pain for Australians grappling with the cost-of-living crisis.
Reports are also coming through that house prices across the country are expected to grow a further 5% this year, off the back of record high immigration.
With these new figures in mind, it is likely the RBA will raise interest rates even higher around Christmas.
Don't be surprised if Albo calls an early election to avoid total annihilation at the ballot box.
Reports are also coming through that house prices across the country are expected to grow a further 5% this year, off the back of record high immigration.
With these new figures in mind, it is likely the RBA will raise interest rates even higher around Christmas.
Don't be surprised if Albo calls an early election to avoid total annihilation at the ballot box.
Senator Malcolm Roberts Exposes Albanese Government's Role In Rising Inflation
One Nation June 26, 2024
Senator Malcolm Roberts of One Nation breaks down the alarming rise in inflation, which has surged to 4% for May, exceeding the expected rate of 3.8%. Even more concerning, the underlying inflation rate, previously on a downward trend, has now increased to 4.4%. Senator Roberts lays the blame squarely on the Albanese Labor government, highlighting their failure to protect real wages, which have fallen from $52,900 to $52,080 since they took office.
One Nation June 26, 2024
Senator Malcolm Roberts of One Nation breaks down the alarming rise in inflation, which has surged to 4% for May, exceeding the expected rate of 3.8%. Even more concerning, the underlying inflation rate, previously on a downward trend, has now increased to 4.4%. Senator Roberts lays the blame squarely on the Albanese Labor government, highlighting their failure to protect real wages, which have fallen from $52,900 to $52,080 since they took office.