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Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Sunday, 10 November 2024

US president-elect Donald J Trump announces the following based on "Project 2025: presidential transition project" hard right political playbook

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On 8 November 2024 US president-elect and convicted fraudster, 78 year-old Donald John Trump made the following announcement ushering in an...
Thursday, 8 February 2024

Chair of ACTU Inquiry into Price Gouging and Unfair Practices does some plain talking about the relationship between 'intractable inflation' & the misuse of corporate power

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Finally. A dark uncomfortable nexus that federal and state governments have tried to ignore, is exposed to the light of day. INQUIRY I...
Saturday, 11 November 2023

Tweet of the Week

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  All we wanted for Christmas was a new Reserve Bank Governor. Be careful what you wish for! pic.twitter.com/l9rKtElfiy — john shakespeare ...
Wednesday, 14 June 2023

Australia's Misery Index might not be as high as during the Global Financial Crisis or the first year of the COVID-19 pandemic but it's at a less than comfortable level in 2023

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At its meeting on 6 June 2023 the Reserve Bank of Australia Board decided to increase the cash rate target by 25 basis points to 4.10 pe...
Saturday, 11 February 2023

Cartoon of the Week

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David Rowe
Friday, 10 February 2023

Reserve Bank of Australia raises the interest rate yet again - promising more of the same in coming months. Recession worries begin to emerge

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  On the 7 February 2023 the R eserve B ank of Australia (RBA) increased the official cash rate by 0.25%. The current official cash rate a...
Saturday, 30 July 2022

Tweets of the Week

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The gas industry lobby group APPEA have put some ads on social media boasting about how much tax and royalties the gas industry pay. Here...
Wednesday, 20 July 2022

"In the earnings reports, companies have bragged about how they have managed to be ahead of the inflation curve, how they have managed to jack up prices more than their costs and as a result have delivered these record profits"

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“Australia isn’t experiencing a wage-price spiral, it’s at the beginning of a price-profit spiral,” said Australia Institute chief econo...