It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Inflation is decreasing, but wages remain low, making basic necessities unaffordable for many. Lower-income households are particularly vulnerable despite recent wage growth and consumer confidence improvements. Controlling inflation without triggering a recession proves challenging. Despite strides in combating inflation, purchasing power has declined. Reaching the Federal Reserve's 2% inflation target is difficult without jeopardizing economic growth.
