More inflation, more interest rate hikes. Worst since 1990, exceeding 2008 financial crash.
Inflation expected to reach 8% for the year.
Interest rates expected to reach between 7.75-8.1% by December.
Inflation isn't expected to level out to the standard Australian 1-3% for another 3 years. Which means an approximately 20% increase to the cost of living, while wages are expected to not move significantly.
Inflation expected to reach 8% for the year.
Interest rates expected to reach between 7.75-8.1% by December.
Inflation isn't expected to level out to the standard Australian 1-3% for another 3 years. Which means an approximately 20% increase to the cost of living, while wages are expected to not move significantly.