Jeffrey O'Neill
Established Member
- Joined
- Aug 19, 2006
- Posts
- 1,500
Cove
i think the issue is more that we tend to not notice so much when the price of a good or service drops, and these days it's more the traded sector where prices are falling, as the high $ and excess capacity in the rest of the world have made imports a lot cheaper.
I suppose it's easier to forget how cheap the new LCD was last month, when you get a few bills showing price rises.
Still, Coles and Woolworths were showing that food inflation was quite low in the last 6-12 months.
As for gas & electricity prices increasing, well we seem to love the extra income from the energy resources we're selling, but the flip side is that we need to pay more, and frankly it's a good way to make us all think a lot more about our energy consumption.
Which ever party gets in on the weekend is going to be so scared of loosing their wafer thin majority i fear we'll have 3 years of policy paralysis
i think the issue is more that we tend to not notice so much when the price of a good or service drops, and these days it's more the traded sector where prices are falling, as the high $ and excess capacity in the rest of the world have made imports a lot cheaper.
I suppose it's easier to forget how cheap the new LCD was last month, when you get a few bills showing price rises.
Still, Coles and Woolworths were showing that food inflation was quite low in the last 6-12 months.
As for gas & electricity prices increasing, well we seem to love the extra income from the energy resources we're selling, but the flip side is that we need to pay more, and frankly it's a good way to make us all think a lot more about our energy consumption.
Which ever party gets in on the weekend is going to be so scared of loosing their wafer thin majority i fear we'll have 3 years of policy paralysis