Australia has a bad inflation problem. So why are we middle-of-the pack on the misery index?
Executive Intelligence Dispatch
Comparing Australia to other countries may not be much comfort but does offer some perspective on the economyGet our breaking news email, free app or daily news podcastIs Australia’s inflation problem worse than the rest of the world’s?A da.
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- —Comparing Australia to other countries may not be much comfort but does offer some perspective on the economyGet our breaking news email, free app or daily news podcastIs Australia’s inflation problem worse than the rest of the world’s?A day after the Reserve Bank delivered its fifth interest rate hike for the year, increasingly stressed mortgage holders would be justified asking.
- —For Jonathan Kearns, the chief economist at Challenger, the answer is easy.
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Australia has a bad inflation problem. So why are we middle-of-the pack on the misery index?
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