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The following chart from the ABS shows that since about March 2023, inflationary pressure has been largely internal driven, rather than because of supply constraints, shortages of imported products etc .
The question now is, is this non-tradable or internal demand driven by the government or by private demand?
Perhaps our Treasurer might not want to see this chart.
Mick
The question now is, is this non-tradable or internal demand driven by the government or by private demand?
Perhaps our Treasurer might not want to see this chart.
Mick