Posted on September 2, 2010.
Why is everything becoming more expensive for such a rapid pace in Australia? I agree that a reasonable amount of inflation occurring in any economy is healthy and vital to keeping the economy healthy, but what happens in Australia does not appear to be in the range of reasonableness .
Take a look if you do not know what I mean.
http://www.news.com.au/money/money-matte ...
I have read many other similar reports, but have since lost track of them
I also have my personal experience in this regard. Higher prices of groceries later, my expenses UNI still rose 4.5% this year to $ 28,100 or something like that .. (I'm an international student) Bank interest I had for the deposits were around 3.8% for most of last year, if you want something to compare .. (And 3.8% was what they called "this special week")
If things keep going like that quite soon I'll focked
Anyway, my point is, everything becomes more expensive for such a rapid pace, even if the Australian dollar has been strong over from the last decade. (It had its day in the second half of 2008, but quickly recovered if I remember right?)
You see, I understand, since most products on the Australian market are imported from abroad, if the Australian dollar will at all times (or most of the time if not all time), then commodity prices should be down to the place, which was certainly not the case .. Then what happened? Can experts there to provide an analysis of the situation?
The Australian government printing more money for fun?
Some new political divide society into economic classes and that these strategies indeed lower middle class which is food bill can be a significant percentage of their weekly earnings.
It is always much more complicated and there is always a good reason in the background to what we eventually see in the supermarket.
The dollar also fluctuates a number of reasons, and does not necessarily indicate how the economy is doing.
Anyway, I live in Australia and you should know that we are one of the healthiest economies in the world and your opportunities are endless, no matter where you stand, you just have the will and find the way of doing business that way your food bill will never be a problem.
