Inflation is so hot right now.
The rise in June 2022 is the second highest since the introduction of the Goods and Services Tax (GST) in July 2000. Ouch.
The latest CPI shows the price of goods is rising more strongly than services, so you’ll definitely be noticing it in your food bill and your essentials.
In this episode we pick apart the rises, the impact, and what’s ahead.
Plus: The federal Treasurer has updated Australians about the state of the economy … and he paints a ‘confronting’ picture.
And as the Reserve Bank prepares for another interest rate decision, we look at what the pending review of the organisation will look like.
Find out more about Gillian here. (And apologies for Peter’s dog in the first half – it’s gone by the second, so stick with us.)