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Despite a rate rise, Australia's CPI will likely remain among highest in the world

⁨9⁩ ⁨likes⁩

Submitted ⁨⁨2⁩ ⁨days⁩ ago⁩ by ⁨okwithmydecay@leminal.space⁩ to ⁨australia@aussie.zone⁩

https://www.sbs.com.au/news/article/despite-a-rate-rise-australias-cpi-will-likely-remain-one-of-the-highest-in-the-world/shpwhnarr

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Comments

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  • fizzle@quokk.au ⁨2⁩ ⁨days⁩ ago

    Can we not just take money off boomers or something?

    Maybe ban them from buying any landcruisers for 6 months or something.

    Taking money off people who dont have any money just sucks.

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    • okwithmydecay@leminal.space ⁨2⁩ ⁨days⁩ ago

      Can we not just take money off boomers or something?

      This very discussion did come up the other week: ‘We’ve reached a breaking point’: Is it time to tax older Australians more?.

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  • No1@aussie.zone ⁨2⁩ ⁨days⁩ ago

    What worries me is that I can’t see how inflation can’t go up, with the increased fuel cost getting added into all products and services.

    So, in a couple of months, they’ll see increased inflation, and raise the rates again.

    Which means it will get even tougher.

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