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Inflation comes in at 3.5% thanks to energy rebates.I fail to understand how the government giving money to citizens to help with energy bills somehow reduces inflation.For those Busineses that do not qualify for the small business rebate, the costs are still going up.And of course, the threshold for a busiess to receive the rabate varies from state to state.[ATTACH=full]183296[/ATTACH]And how long will the rebates last?One year, two years. forever?The market has seen through this crap, and immediately boosted the AUD/USD pair so that it went through the 68 cent barrier.Mick
Inflation comes in at 3.5% thanks to energy rebates.
I fail to understand how the government giving money to citizens to help with energy bills somehow reduces inflation.
For those Busineses that do not qualify for the small business rebate, the costs are still going up.
And of course, the threshold for a busiess to receive the rabate varies from state to state.
[ATTACH=full]183296[/ATTACH]
And how long will the rebates last?
One year, two years. forever?
The market has seen through this crap, and immediately boosted the AUD/USD pair so that it went through the 68 cent barrier.
Mick
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