‘Bad news’: Monthly inflation rise has ‘big implications’ for the RBA 

The governments are the major spenders. So of course it will increase 😮

Ban foreign ownership of land.

Global Reset as designed…

100% policy has driven this

Creating jobs..? Bullshit!

Inflation is far higher than this. Checked your insurance bills lately, up 25%

Vote of no confidence in the govt ????

Labor can’t be trusted to run a Bunnings BBQ Fundraiser, let alone our economy. I hope every Labor supporter has Voter’s Remorse.

Welcome to Albo & Jimbo economics

If RBA jacks rates again, albo and his government are toast

Home brand tissues are up 105% since March 2020.

I’m not surprised at all. Every other week we still get suppliers increasing prices. Plus come July, wages and super increases. Guess what’s next, we got to increase our prices for consumers so the business can survive. Round and round we go. There is no future in hospitality 😢

Anthony “recession” Albanese

because giving more money to bankers has always saved the world…..

We are the ONLY G10 country where inflation has risen in past 6 months. There is something not quite right in AUS, all these increases are domestic related and nothing to do with global issues, a lot of price gouging is taking place and for what other reason other than greed and profit.

Thanks to albo we are nearing third world status.

Immigration is to blame

Not sure where they get these numbers from. Everything I buy is up 10 - 15%. - Internet power, food.

More Australian's be living on the streets 😢, thanks Labor.

The days of record low interest rates are over! GET USED TO IT! Its now the time for savers not those who took on way too much debt thinking the 2 DECADES of low rates would continue. Time to pay the piper

most of us knew our latest pay rise, will go straight to either banks or landlords….

🤔😒😡 my insurances jumped by over 30%

thanks clueless Labor

Warren Hogan is a sensible voice of reason

Why is the government and RBA so demonstrably incompetent?

Stop the government spending

Australia shouls ask for a loan from Zelensky.

Aust, has Inflation out of cobtrol... AUD Bond Rates lifted today over 4% in a day

As a small business person i can say we are in a recession. My figures have never been so bad. But there is so much manipulation at the top end that a cloak is held over people eyes. This means we are going to hit the ground very hard.

Start staying home for a bit Stop spending people!!

Of course it's going to rise in June. It's the end of the tax year

500 billion printed on a cold 1 million migrants all by design

Of course. Albo just sold a property and he wants maximum return on his cash.

Wow really , I'm shocked 😂

Dnt worry Australians, tax break and $300 off your electricity bill. Be happy

Why is it that “energy costs” feature in every increase, and yet the government keeps saying that renewables are “the cheapest form of energy” ? If that is true, when and where ?

This is the only economist with some sense in this country

Bowen’s energy plan demonstrated as totally WRONG

Interest rates need to be higher than inflation to bring it down at the moment its no where near it. RBA needs to get Gonads and lift rates.

Looks like 5.6% maybe required to slow this train down now. They needed to go to 4.85 4 months ago now have missed the boat. Brace all

Double digit interest rate is the only way to manage inflation.

so much for getting back to 2% inflation

Transport companies are still not making any money.

Domestic inflation reflects Domestic monetary policy.

Inflation up. Fantastic news. Hoping for a couple of rate hikes by the end of the year. Given Albonocchio’s incompetence it looks likely !!

Keep voting labor to maintain the current state of the economy

Fantastic

Foreign home buyers increased. I can’t even effort to buy a two bedroom apartment in Brisbane anymore.

It just does not look good.

How bout instead of increasing rates. Increased super contributions or larger GST. So it affects more than a 3rd of the population

Timing is perfect for the tax cuts… the shame is that prices have gone north in anticipation of what we don’t already have. Electricity prices weren’t mentioned but the reduction as a result of the budget gift back has already been factored into increases. Fantastic that the money was given directly to the suppliers. Rort at best.

Is RBA or Labor Party going to have the final say on the interest rate?

ALL BY DESIGN

Obviously high interests dont stop inflation. So what next?

Did you say fucking *MONTHLY* inflation is 4.0%? Bloody hell, I'll never be able to afford to go home

Warren is always right

there is more inflation comming price of services are now catching up to inflation. and more import duty you put on china more inflation comes

Tis a bloody Carousel economy Round and around we go spinning faster we all giddy and sick yet😮😂

0.25-0.5 to stop this rise 0.25-0.5 to compensate the energy rebate and tax cuts 0.25-0.5 to change the dynamic I expect at least 0.75 to 1.5 percent rise

Send working families into mortgage stress to somehow lower the inflated cost of goods and services?

Plenty of work out there, the problem Is people don't want to do the type of jobs that are out there - sad really because to money Is money

Pushing an excuse why the rates will rise next time the RBA meets. Look for correlation with other world events to understand why.

High inflation during a period of recession causes stagflation.

HELLO, BY BREAKING NEWS, DID THE RBA OF AUSTRALIA MAKE THE INVESTOR HAPPY FOR A FEW COMING MONTHS UNTIL DECEMBER 2024_/

INFLATION HAS THE RIGHT TO DEFEND ITSELF. DON'T BE ANTI-INFLATIONISTS.

Not as much as implications for the average Joe with a family.

Please point me in the direction of this demand…… this guy is off his head! 🤪

I want a pay rise! I DESERVE A PAY RISE.

If the rich gave only $1M each it would solve this

As geo-political drives the change of costs, there is little the interest rate can do. Increasing the rate will increase the living cost. If you think the inflation can be controlled by increasing the rate. I think you are not fool but evil.

Bullock wants to be kind

NO CHINESE MONEY HELPING YOU BUDDY

Nuclear makes it worse 😆

The RBA should seasonally adjust the figure down to 3.2 they love seasonally adjusting figures like the BS unemployment figures.

😂😂😂😂 excellent

f ers

Inflation isn't a big deal. You can tell by the amount of comments. No one cares. Vote Labor. We need to bring back the interest in inflation.

No choice all suppliers increased their prices.

Give me a break this is a part of the plan and they will stick to the agenda.

It’s been a 100% what he predicted 🤔👀😳🫣 well done 🙏