Inflation Has Ticked up in The Last Couple of Months

HeWhoKnows on 24/11/2024 - 18:04
Last edited 24/11/2024 - 19:55

SUMMARY:
Anyone paying the grocery and household bills will have noticed the sudden, sharp uplift in prices in the last couple of months.
I've paid anywhere from 6% more to 43% more in the last couple of months for every day grocery items and my home building insurance (just renewed) has increased by 30%.

Are we seeing a sharp uptick in inflation again?
Is the RBA correct in holding interest rates?

WORRYING EVIDENCE:

Here are some of my observations during October and November:…
The calculated percentage increases shown are based on the latest price increases.

Aldi 4 x 100g ham was $4.99 in 2023, then up to $5.19 as at October 2024 and now $5.49 (+6%)
(Same 4 x 100g pack of ham in Coles is $7.00 (Price gouging), up from about $5.50 last year)
Aldi Choc Coat ice cream sticks $3.69 as at Oct 2024, and now $4.00 (+8%)
Coles 1.8kg beef lasagna and bolognaise bake was $10 in 2023 up to $11 early 2024 and now $12.50 (+13%)
Woolworths 1Kg Hillview cheese down to $8.70 as at Oct 2024, but now $9.90 (+14%)
Coles /Woolworths BBQ chicken was $10 in 2023 then up to $11 early 2024 and now $12.50 (+14%)
Aldi FineFare 180g Chocolate was $1.99 in 2023, then $2.59 as at Oct 2024 and now $2.99 (+15%)
Woolworths 750g muesli varieties $3.00 as at Oct 2024, now up to $3.50 (+17%)
Home brand Long life Soy milk was $1.15 as at Oct 2024. Now $1.35 (+17%)
Home brand Long life lactose free milk was $1.59 as at Oct 2024, now $1.89 (+19%)
Coles, Woolworths, Aldi house brand 200g instant coffee were $3.70 as at Oct 2024. Now $4.50 (+22%)
Coles 1.2kg Chicken schnitzels were $10.50 early 2024. Now $13.00 (+24%)
Coles 200g Belgian Chocolate was $2.80 early 2024. Now $4.00 (+43%)
My building insurance was $2,579 in 2023. Now $3,359 (+30%)

Feel free to add more examples in the comments as my grocery list is very simple

But to be fair some items have come down in price (slightly) recently:
2L house brand milk was $3.10 as at Oct 2024. Now $3.00 (-3%)
Coles 1.2kg Chicken burgers were $10.50 in 2023, then up to $12.50 early 2024. Now back to $11 (-9%)
800g Coleslaw, pasta salad and potato salad are back to $5.49 in Aldi. Woolworths just dropped their price from $7.00 down to $6.00 for the same items. But Coles is still price gouging at $7.00.

Generally from what I see, inflation for groceries and insurance has ticked up strongly in the last month or two.
It’s plain to see for anyone that does the regular grocery shopping
Let’s see if this is reflected in the latest inflation figures.

Poll Options expired

  • 396
    I think Inflation is still too high and possibly increasing again as this evidence suggests
  • 56
    I believe the government when they claim that Inflation has slowed down recently
  • 75
    I have no faith in government's published inflation fligures at all
Financial

Comments

      • greatlamp on 27/11/2024 - 21:16
        +1

        Everything you said is true, what you miss is that wage increases would be greater than price increases.

        Two pieces of evidence:
        1. Observed reality - stagnating wages does not bring prices down reliability, therefore the opposite is likely true - increases in wages won't increase prices reliably

        1. Wages are not 100% of a business cost, usually they are 30-40%. Wages could double, a business does not need to double prices to keep up with rising costs.

        Being scared of being called a racist is going to leave your children homeless.

    • cadwalader on 28/11/2024 - 10:26

      I mean if enough people did not want this enough to actually talk about Sustainable Australia Party's platform, we wouldn't have such a large pro-mass migration political core.

  • ihbh on 24/11/2024 - 19:44
    +1

    We mostly buy whole food plant based goods so haven't experience inflation as much. The 1.6kg oats are still $3.10 (I think they went down over the last 4 years, at least on a per unit basis as they released a bigger pack).

    The only thing that increased recently after being steady for yonks was the home brand soy milk (~15% soy protein) from Coles and Woolworths from $1.60 to $1.70.

    Note chocolate prices have increased in line with increased global cacao prices - look at the price charts of the raw materials.

    • HeWhoKnows on 24/11/2024 - 19:54
      +1

      The prices quoted for Soy milk are for the home brands - $1.15 in October up to $1.35 this month. (+17%)
      I also buy the Aldi brand 750g rolled oats which were selling for $1.29 last year and $1.49 this year (+15%).
      But rolled oats havent increased this month so not included as a "recent" price increase.

      • ihbh on 24/11/2024 - 22:09

        Each supermarket has two home brand soy milks I think; one with very little soy protein and the other I mentioned (~15%). The 15% one has only recently increased by 10c from $1.60 to $1.70.

        I'm surprised the lower soy protein % increased by so much - might mean there are more fixed costs such as transport.

        • serpserpserp on 25/11/2024 - 07:43

          Transport is actually a big cost over the last couple of years. Wages keep increasing too.

    • Timeismonet on 25/11/2024 - 11:04

      Is soy milk considered a "whole food"?

      • ihbh on 25/11/2024 - 11:54

        I said mostly… Whole food plant based.

        Facilitates eating oats, fruits, etc. for brekkie. I also eat soy beans and other legumes daily.

        I don't split hairs too much with my diet.

        Also, not animal protein.

        • timuzhti on 25/11/2024 - 20:43

          If you buy soy beans anyway have you considered milking them yourself? I totally understand if the time it takes is an issue (especially without a machine for it) but having it fresh can be a lot tastier.

          • ihbh on 25/11/2024 - 22:31

            @timuzhti: It looks pretty time consuming. Instead of say $1.70/L buying it, it might cost $30/L DIYing it.

    • Freighter on 25/11/2024 - 17:58

      Note chocolate prices have increased in line with increased global cacao price

      The home brand chocolate from Woolies went from $2.19 to $2.79 to $5. Couldn't believe the $2.21 increase overnight!

      Their almond chocolates used to be a good snack too. Not so much anymore

  • Neoika on 24/11/2024 - 20:09
    -1

    Product A price +10%, sell 100/day

    Product B price -4%, sell 1/day

    Average inflation is 3%

    This simple example tells the 3% can't be right as I think the quantity sold isn't included any of the statistics.

    • bawdygeorge on 25/11/2024 - 07:25
      +3

      “I think”

      Quite easy to check this. But instead you’ve decided to just post what “you think” happens.

      The quantity sold is included in the statistics. But why let facts get in the way of a good story right?

    • CommuterPolluter on 25/11/2024 - 07:36
      +1

      ABS: “consumers will substitute product B for product A: inflation -4%”

      • NonSense on 25/11/2024 - 10:29
        +2

        ABS will give you a call tomorrow to arrange the enrollment. You can skip introduction and training based on your extensive experience in this area.

  • JIMB0 on 24/11/2024 - 20:37
    +2

    Time to put up interest rates again.

  • CheapskateQueen on 24/11/2024 - 20:48
    +4

    well i walked into woolworths yesterday and hardly anything worthwhile was on special and some things had gone up in price again. it was so stressful tbh. i bought a few things that i can't get from aldi and off i went.

    • mrdean on 24/11/2024 - 20:54
      +5

      We'll be shopping in dumpters pretty soon.

    • whyisave on 26/11/2024 - 00:46

      People give the money away, and still complain after handing over the money.

      There'll be no change, until the money stops flowing to them.

      So, expecting change while simultanously giving money, is never going to happen.

      Being soft against hard-headed corporations will not change the outcome.

  • gamemaster on 24/11/2024 - 20:56
    +6

    This is profiteering IMO, I think corporations have way too much control and governments have financial incentive not to change the status quo. It’s not unthinkable that corporations will end up owning most/all the assets and people will end up working a lifetime just to survive, never to get ahead.

    • mrdean on 24/11/2024 - 21:00
      +5

      Yep, corporations have been consolidating power at an increasingly rapid rate, especially since the "privatization" era.

      • Protractor on 25/11/2024 - 00:03
        +3

        Funny you should say that. I detect a slight sign of it since the US election. From all the most powerful propagandist anti vaxxers and zillionaires. What a conundrum for the anti vaxxer flock to handle. Looking forward to the mental juggling acts ahead.
        PS Thankyou Mr Kennedy for the endless jokes ahead.

    • CaptainJack on 25/11/2024 - 16:27

      Hear this a lot but it doesn't pass the sniff test. E.g., my mate continually tells me grocery prices are going up since covid cos Coles and Woolies want to make huge profits. I'm sure they are, but this is nothing new.

  • mrdean on 24/11/2024 - 20:59
    +2

    The coles eggs I buy occasionally recently went up 5%, after the forced & unnecessary bird culling.

    I actually get the feeling the supermarkets are being very selective with price increases, in order to not panic the population.

    • Protractor on 25/11/2024 - 00:08
      -1

      Did you know that all commercial chickens are vaccinated multiple times as day old chicks and some during their growing stages?
      Do you drink cows milk too? Eat red meat or chicken?

      • mrdean on 25/11/2024 - 07:59

        I don't know the exact details but it wouldn't surprise me in the slightest. After all, I keep pointing out we are all being poisoned by many different methods. Are you in the industry? A whistleblower perhaps? lol. Or maybe just trolling.

        The source is important of course, for all food. I'm aware of heritage chicken breeds like Sommerlad that are very different (& expensive) compared to conventional chickens (even organic certified ones). I doubt very much Sommerlad farmers inject their birds, unless they've been required to - mandated - by law, precisely to poison them.

        • Protractor on 26/11/2024 - 09:59

          Whistleblower? Yeah nah.Just across the fact that white and red meat commercially produced uses chemicals to manage health and parasites. (as does aquaculture) Fruit and veges ditto. So I'm really interested in why YOU don't already know, given your incessant nagging over vaccine harm to humans. You must live,eat and produce food in a bubble.
          Next time you read the words clean and green, in Australia, it's a cue to laugh or cough.

          TLDR:There's more rabbit holes than vaccines

          • mrdean on 26/11/2024 - 11:52

            @Protractor:

            TLDR:There's more rabbit holes than vaccines

            Duh.

            I'm aware of the animal over-vaccination & poisoning. https://over-vaccination.net/

            I'm aware of chemical over use basically everywhere, which covers the farm, food, construction, fuel, energy, water industries.

            Toxicity is the main cause of human & animal illness, which is why research so underfunded & neglected, & why there is such a focus on "genetics" & "genetic solutions". Maybe with RFK Jr in the USA this knowledge will reach the masses & maybe we can shift towards a better future. And yeah, "clean & green" or "sustainable" are slogans mainly used by corporates that are historically responsible for mass poisonings. Whatever the corporates promote or shift towards, there is the clue that its just more of the same.

          • Ughhh on 30/11/2024 - 18:47
            -1

            @Protractor: The hypocrisy of this specimen is unreal. He's ok with farmers adding whatever they want to food to make money, but as soon as there's a whiff of the Gov through regulations, it's pOiSon and BaDdd.

    • chichi on 25/11/2024 - 12:14
      +1

      Yeah we should just let bird flu rip. What could possibly go wrong.

      • Protractor on 26/11/2024 - 10:00
        +1

        You think there's a vaccine for bird flu?

  • Look Up on 24/11/2024 - 21:12
    +1

    Are we seeing a sharp uptick in inflation again?
    Is the RBA correct in holding interest rates?

    Why don't you ask the guy who bought $100K in Amazon gift cards?

    https://www.ozbargain.com.au/comment/15953505/redir

    • serpserpserp on 25/11/2024 - 07:40
      +2

      He is fighting inflation!

  • MS Paint on 24/11/2024 - 21:15
    +4

    OP has proven he knows exactly how to correctly reply to posts yet will continue to reply to the top post in all future forum threads. FFS

    • 2025 on 25/11/2024 - 00:40
      +1

      Terminal lucidity perhaps?

  • Protractor on 24/11/2024 - 23:47
    -4

    Liberal stooge drops propaganda BS on shopping forum. Well done . Next time consider not regurgitating the cherry picked AI created script you were given.
    This post has all the inflammatory hyperbole of Newscorp dribble. That's no coincidence.

    EDIT: Fuel is cheaper across the board, so join the dots. Greed and opportunism is not inflation.
    The "gumnt" is not to blame, nor is the reserve bank

    • LVlahov on 25/11/2024 - 00:43
      +6

      Fuel is down and is one of the things relatively immune to government policy (unless adjusting the fuel excise price up or down, neither of which has happened) and local purchasing behaviour, so no credit to the government for that.

      Meanwhile pumping in record levels of net migrants (entirely within the government's control), the majority of which join the press for housing does significantly add to housing costs and thus inflationary pressures, particularly for those renting, purchasing a home or repaying a mortgage. (As does the need to divert local workers to infrastructure projects to accommodate the growth).

      The idea that the government has done something about inflation in the face of this is gaslighting the public. The RBA massively rising interest rates and the RECORD per capita recession instigated by the government's policies combined with the RBA's actions have lowered inflation.

      i.e. it is by causing record per capita quality of life HARM that inflation has been tamed, made all the harder because of the government's actions to favour foreign (migrant) interests, and the vested wealthy interests here that profit from their entry over those here and well established.

      Achieving a record reduction in per capita disposable income to tame inflation is not an achievement.. it is an inditement.

      • LVlahov on 25/11/2024 - 00:46
        +1

        For the data that supports that conclusion: https://www.macrobusiness.com.au/2024/02/inside-australias-w…

        • Protractor on 25/11/2024 - 10:24
          -1

          OK. BUT!
          You can't talk immigration levels causing harm while ignoring global population levels and that existential harm to ALL humans and other life forms.Yet nobody does.I'm all for not relocating the world to Australia. In real terms the ' this minute' economy is a distraction from the real game. I know, controversial.
          "(profanity) off we're full" applies to the whole planet, not our backyard. You can't squeeze infinite growth into finite resources wrapped in AGW, without a gruesome outcome for some, to many (inc ALL species, as a side effect).

          • LVlahov on 25/11/2024 - 15:17
            +1

            @Protractor: A locust plague (which is a fitting analogy for what you just wrote - humans as an environmentally destructive pest requiring management) is not served by allowing locusts to flow from one territory to another where that can be prevented and this goes entirely against the conservation ethos altogether.

            By limiting migration so overpopulating areas are forced to address their birthrate issues an amelioration of those conditions can occur (humans tend to produce less births in areas that are crowded than they do in areas less so, all other things being equal), something that does not occur when flows are simply invited from problem areas to areas not experiencing such problems (other than via migration inflows). Without being able too send excess population elsewhere overpopulating nations and peoples would be forced to deal with their own population problems rather than being able to offshore them to others.

            Imagine a farmer trying to conserve a field for its environmental and aesthetic (or productive) value, is that served by allowing it to be overrun by rabbits and their consumption? And is global conservation served by such a thing? No.

            Migrants to Australia not only increase local environmental damage and impacts significantly they lift GLOBAL emissions and environmental impacts by invariably increasing their lifetime consumption of goods and services relative to those that remain in their home destination.

            By every possible metric allowing mass migration is counter to efforts to protect the environment both locally and internationally, and counter to efforts to provide the world with a sustainable population, both locally and internationally. This is the inconvenient truth people that want to believe they support "all the good things" wilfully shy away from, because it makes their position of being both "for foreign migrants" and "for the environment" untenable.

            • Protractor on 25/11/2024 - 15:38

              @LVlahov: It's simple and yet far too complex for modern humans (consumers) . Fix? Breed less of us (no extermination required) and grow/protect more trees.
              Capitalism will not allow survival of the earths biota, if it costs profit. End of.

  • bawdygeorge on 25/11/2024 - 07:21

    What has your household electricity bill been like recently?

    • Baysew on 26/11/2024 - 22:21

      It has had an Energy Rebate reduction of $300 applied.

  • MrThing on 25/11/2024 - 08:22
    +2

    I'm seeing lots of numbers, but a distinct lack of evidence

    • Ryxxi on 25/11/2024 - 23:39

      You must be too rich to check your bills to understand this.

      • MrThing on 26/11/2024 - 08:31

        No its simple. OP has posted a bunch of random cherry picked items which have gone up (with no pre and post links or photos to substantiate, most people cant remember breakfast from 3 days ago let alone the price of long life soy milk 2 months ago, he could have written any pre price and we would all go uh huh yep sounds good to my bias)

        Far a solid basis for an economic or scientific argument.

        I bet we could all find an equal amount of things which have gone down by a similar or more amount….omgosh inflation is going down?

        amirite

  • NonSense on 25/11/2024 - 10:31

    just got my home insurance renewal notice, it went up 20%

  • Purp on 25/11/2024 - 10:58

    blame the energy costs, they are screwing literally everything.

    Government is just feeding energy companies tax payer money and giving no reason for them to cut costs.

  • samfisher5986 on 25/11/2024 - 11:00
    -2

    The only difference I've seen is chocolate, which is likely due to contract expiration timing and the price of cocoa skyrocketing.

    • mustang87401 on 25/11/2024 - 12:21
      -1

      Then you’ve been asleep 😂

  • skillet on 25/11/2024 - 11:17
    +1

    Inflation gone up last couple of months??? For me, inflation has been up sharply since Covid.

  • mustang87401 on 25/11/2024 - 11:22
    -5

    Who cares my salary is going up like crazy thanks to my union doing gods work. Public service is where it’s at. Screw the private sector where you have to fight for pennies more every year.

    • Purp on 25/11/2024 - 13:20
      +1

      nsw government employees get paid garbage btw, 4 percent increase this year, then 3 percent the next 2 years each, cant even afford to live in nsw off that its ridiculous

      • mustang87401 on 25/11/2024 - 15:23
        +1

        Police got a 40% increase, paramedics 15%-20% so it’s not true. NSW psa is not doing their job properly I reckon.

        • Purp on 25/11/2024 - 15:48
          +1

          Dear colleagues,
          Apologies to those who did not receive this message yesterday, there was a technical issue with the send.
          I’m pleased to advise that the recently agreed 4% pay increase has now been finalised and will be applied to the first pay run in December, with the increase being backdated to the first full pay period on or after 1 July 2024.
          You should see the pay increase in your bank account on Thursday 5 December.
          What has been agreed?
          Non-executive employees in the Department of Customer Service and Service NSW will receive the following increases:
          4 per cent from the first full pay period on or after 1 July 2024; 
          3 per cent from the first full pay period on or after 1 July 2025; and 
          3 per cent from the first full pay period on or after 1 July 2026. 
          The updated pay agreement and superannuation
          As communicated in October, the superannuation guarantee rate increased by 0.5 per cent in July this year and is anticipated to increase again by 0.5 per cent in July 2025.
          These increases are on top of the salary increases outlined above.
          The agreement also provides for an additional cost-of-living adjustment payment if the Sydney Consumer Price Index (CPI) exceeds 4 per cent in the second or third year of the award.
          Where CPI exceeds 3.5 per cent, a discussion will take place regarding the provision of a cost-of-living adjustment payment by mutual agreement. 
          A note for people leaders
          If you are a people leader, please approve all pending annual increments by Friday 22 November 2024 to ensure the increase is applied correctly.

    • Miami Mall Alien on 25/11/2024 - 14:31
      +1

      Public service is where it’s at.

      …said no one ever. The swaths of parasite-class jobs in this country that simply leech salaries in exchange for no value of any kind and haemorrhage tax payer money are a huge part of the problem.

      • mustang87401 on 25/11/2024 - 15:21

        It depends some jobs in the public service provide much more value to society than someone in a private company. It’s all relative and depends on the function. I am earning substantially more in my government role in comparison to the private sector. It’s more meaningful and impactful as well. Most private sector jobs are obsolete just the same. I think it totally depends on the industry and job function.

        • LVlahov on 25/11/2024 - 15:25

          What do you do? Are you sure the assessment of others will definitively match the assessment you have of yourself and your role?

          • Protractor on 25/11/2024 - 15:40

            @LVlahov: He is an AI implementation officer.

            • LVlahov on 25/11/2024 - 16:08

              @Protractor: A good gig. Surprised government sector roles paying more than private for such a role though. Which doesn't really speak to contracting competence on the government's side (there is expected to be a tradeoff between salaries between private and public sectors as the public sector is seen as a more reliable payer and employer). But even if we step past that and it more reflects hyper competition for select roles it isn't really positive for the government to overpay or crowd out resource access by the private sector since deprived of its own access to cost effective process improvement it can make the private sector uncompetitive against foreign competition and liable to displacement. Anyway just musing. I think AI implementation is a great role to have regardless of sector employed in, and improvements to both private industry and government that result from it - provided service improves and is not degraded - is a win.

              • Protractor on 25/11/2024 - 16:10

                @LVlahov: It's about the only role he could be feeling so secure and gleeful in.

            • mustang87401 on 25/11/2024 - 16:10

              @Protractor: You know how behind and bloated Westpac is when it comes to technology and efficient work practices? I’d even go as far as saying the government job I have now has more modern practices/it systems than Westpac did. Salary wise at Westpac they used me up like a slave and working for my gov job now I feel respected and valued and not under immense pressure to deliver more shareholder profits while getting paid not anywhere near enough for the work put in. People would be surprised to see the salaries for even very technical roles in banks etc are quite stagnant and not anywhere near enough for what is expected of you…

              • Protractor on 25/11/2024 - 16:16

                @mustang87401: I can see all of that. I just say, watch your back.You'd be surprised how many of your peers are oblivious to how good you have it, and how quick it can head south with a mere tweak of the workplace.
                Do gooders, bullies and the power hungry newly arrived have less skin in the game than career public servants and yet see the positions as a workplace equivalent of immortality.

                ergo, Workplace security may boil down to shut up and keep your head down.Goose + golden egg, etc.

              • Ghost47 on 26/11/2024 - 20:29

                @mustang87401:

                You know how behind and bloated Westpac is when it comes to technology and efficient work practices? I’d even go as far as saying the government job I have now has more modern practices/it systems than Westpac did.

                I've worked in large household brands in different industries and it really is eye-opening how a lot of things seem to be held together using duct tape and glue. Just mind boggling. It's like "close enough is good enough" and "she'll be right mate" are the main ethos in these companies, it's really sad.

  • joshash on 25/11/2024 - 12:22

    The independence of central banks extends only so far..

  • Protractor on 25/11/2024 - 14:27
    -1

    It's only just begun.
    https://www.news.com.au/technology/environment/sustainabilit…

  • charkwayteo on 25/11/2024 - 14:31
    +2

    Lol raising interest rates won't stop inflation, or solve bad govt financial decisions. Some low/mid class will feel pain and further tighten spending, rent and possibly theft and break ins will increase etc, but there are loads of people doing very well with higher interest on their savings and still living it up, and would love to see some higher rates…It's ultimately squeezing one class to give cash to the other ..the money is still being spent..

  • DiscoJango on 25/11/2024 - 15:03

    I don’t support $7 chips

    • LVlahov on 25/11/2024 - 15:27

      If inflation was confined to junk food and things that tend to detract from people's health it wouldn't be so bad IMO.

      • Protractor on 25/11/2024 - 18:32
        +2

        I'd rather it had birth control in it.

    • jaimex2 on 27/11/2024 - 12:46

      or $30+ parmas!

  • Geeseman on 25/11/2024 - 15:54
    +1

    This is what happens when governments print and spend too much money. You get what you voted for.

    • Protractor on 25/11/2024 - 16:21
      +3

      …..as did the even more naive ppl who voted in the incompetent 'slaves to the rich and powerful' LNP predecessors.
      If you can't see the revolting waste perpetuated by the Nats on unsustainable crap in the bush, your wearing political blinkers. The Nats are the laziest and worst trough dwellers in politics. Their only role is to conserve the status quo of lifestyle farmers who are tax payer sponsored money sinks. And they rant about the public service FFS. Would love to see the govt funds wasted on FNQ and cattle stations generally.There must be real BIG tax payer dividends if Rinehart and Twiggy milk it.

      • mustang87401 on 25/11/2024 - 16:34
        +3

        LNP might have been bad but Labor has done very little to nothing different. Their marketing brochure is just more glitzy and well written. Lipstick on a pig is still a pig.

        • Protractor on 25/11/2024 - 17:04

          Yep, there's 3 pigs. The Nats specialise, though.The other 2 fellate the business sector or militant unions.
          Nowadays all 3 are Trojan Horses for the USA military and industrial energy machine to use our own sovereignty, to send us broke

        • Drakesy on 26/11/2024 - 11:59

          Yep,

          Thinking the sustainable australia party might be a goer this time.

    • whyisave on 26/11/2024 - 00:27

      This is what happens when governments print and spend too much money.

      This happened, with some co-ordination of central banks, during the C-19 period.
      Corporate profits were maintained, and the messaging changed from "we're in this together" to "cost of living crisis".
      The language is so consistent.

  • scooba on 25/11/2024 - 19:06

    I think the puppet on the right shares my beliefs,
    I think the puppet on the left is more to my liking,
    Hey wait a minute, there's one guy holding up both puppets!
    Go back to bed Australia your government is in control, here's Netflix watch this and get fat & stupid.

    -Bill Hicks.

    • haemolysis on 26/11/2024 - 17:51
      +1

      "Hurrdurr both sides are the same" is juvenile, sophomoric white noise. One of them is quite substantially and objectively worse. We will do better as a society if people stop embracing this reductionist nonsense, and actually take a brief moment to review the policies, the voting, the outcomes, the funding sources, anything really. If you think one is no better than the other, you simply haven't looked.

      • scooba on 26/11/2024 - 22:26
        -1

        No it's not white noise, it's called being realistic about these two wings that are attached to the same bird, or as some people put it, the two cheeks of the same a$$.

        Nice one by not saying which one is substantially and objectively worse because then you'd have a biased opinion if you did. We will do better if we stop voting for these criminals that are trying their best to make out they are for the average Aussie. The policies, voting, outcomes and funding sources are all bought & paid for by the organised crime syndicate which is government and you can ignore this all you want, but realistically anyone with half a brain can see the criminals doing it right in front of us now with gay abandon.

        Once you been around long enough and see the merry go round go round and round and round enough times, you start to realise that if we stopped voting for the same pathetic excuses of politicians which you can see, performing like a bunch of smarmy, primary school d1ckheads with their sh1t eating grins if you watch a session of parliament question time, then maybe they'd start paying attention.

        Don't get me wrong, i'm not prejudice as I hate both sides equally and as Mark Twain said - If voting made a difference, they wouldn't let us do it.

  • ihbh on 25/11/2024 - 19:17
    +1

    WORRYING EVIDENCE

    Just 17.15% worrying evidence.

    This is a good start. Please repeat for the other categories as per weights in attached pic, to get a proper perspective.

    https://files.ozbargain.com.au/upload/22732/117907/weighting…

  • souljah on 25/11/2024 - 21:36
    +1

    You think the grocery inflation is bad. Try house hunting!

  • Ryxxi on 25/11/2024 - 23:35

    They are trying to keep the inflation going because it was dropping obviously.

  • Windows98 on 26/11/2024 - 00:00
    +2

    Anecdotal evidence.

    • MrThing on 26/11/2024 - 08:34
      +1

      even thats a stretch

  • whyisave on 26/11/2024 - 00:31
    +1

    OP > WORRYING EVIDENCE:

    Here are some of my observations during October and November:…
    The calculated percentage increases shown are based on the latest price increases.

    Aldi _ Fresh Orange Juice — WAS $4.69 , NOW $5.19

    I was surprised by this price jump at the self-check out register, but begrudgingly paid for it.

    I mean, even when the customer is doing the unpaid labour of scanning the food items, they still increase the price.

  • altomic on 26/11/2024 - 01:24

    until recently it wasn't unusual to see 6 packs of beer on sale for $10. now , even the cheapest 6 pack is $14.

    sure, buying by the slab is cheaper, but I'm trying to stay in shape for footy season, and I love a cold beer and would demolish a slab if it were available

    • MrThing on 26/11/2024 - 08:38
      -1

      Water is $0.00264 a litre out of the tap….its also better for you

      • altomic on 26/11/2024 - 09:10
        +2

        Water does not distort reality, nor ease the pain of existence.

        • MrThing on 26/11/2024 - 09:20

          depends where your water is sourced

  • gentlekoala5906 on 26/11/2024 - 07:34
    -2

    Labor's obsession with spending is the cause of inflation.

    • MrThing on 26/11/2024 - 08:38

      If you live in Melbs sure

      but federally it squarely sits with the LNP

      • cloudy on 26/11/2024 - 21:57

        He lives in Melb.

    • Protractor on 26/11/2024 - 10:03
      -1

      Change your username to LNP mantra

  • MrThing on 26/11/2024 - 08:37
    +2

    the amount of people who dont understand goods and services will never decrease in price unless we have deflation is worryingly high…….

    …..thats unless we just got gouged during covid and it was never really inflation but companies protecting their profit margins when people stopped spending and businesses taking advantage of us all and we just sucked it up and blamed the government instead of the real drivers of inflation….

    • Nebargains on 26/11/2024 - 10:14

      Yep, inflation falling doesn't mean prices come down (in some cases it might), it just means they stop rising as fast.

  • Drakesy on 26/11/2024 - 10:37
    +3

    RBA is too scared of dropping house prices to actually do anything substantial

    Imho we're still 1% too low as evidenced by the fact that no one is stressed. If youre struggling to pay off your home now you probably couldnt afford it to start with

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