Australian Politics Forum

Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl General Discussion >> Federal Politics >> Australia's core inflation is the worst in the G7 http://www.ozpolitic.com/forum/YaBB.pl?num=1686013099 Message started by Captain Nemo on Jun 6^th, 2023 at 10:58am

Title: Australia's core inflation is the worst in the G7
Post by Captain Nemo on Jun 6^th, 2023 at 10:58am

Angus Taylor says Australia's core inflation is higher than all the countries in the G7. Is that correct?

https://www.abc.net.au/news/2023-06-06/fact-check-angus-taylor-core-inflation-g7/102441768

Title: Re: Australia's core inflation is the worst in the G7
Post by Laugh till you cry on Jun 6^th, 2023 at 11:22am

The Australian minimum wage is $23.23 per hour or $929 per week.

The UK median weekly wage for men is GBP 516 per week which equals A$ 970 and GBP 482 (A$906) for women.

It is evident why inflation in Australia will be higher than in other G7 countries.

Title: Re: Australia's core inflation is the worst in the G7
Post by Xavier on Jun 6^th, 2023 at 8:44pm

Gotta pay for those multi-billion dollar Submarine clunkers from the USA that are 80% cheaper for them ironically.
Ripped off possibly?

100 years ago - a War, then a Pandemic, then an Economic collapse.

Now - a Pandemic, Economic supernova and then War.