Working Australians have experienced the highest yearly jump in the cost of living on record, according to new data from the Australian Bureau of Statistics. 9News
Today Victorian Premier Daniel Andrews criticised the RBA"I want to assure you the board is very focused on understanding these pressures on family budgets," RBA boss Philip Lowe said.
A parliamentary committee passed on its verdict on the cost of living crisis today too, with an interim report confirming wages are not growing fast enough to keep up with inflation as the cost of energy, housing and groceries rise.Continue reading
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