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it is the highest or fastest pace of growth since 2014, and in australia, the cost of living is already fairly expensive. salaries are very high, but the cost of living is also very high, so this is a potent political issue heading into an election. what we will see is the government announce some consumer feel—good policies. which australia is facing within the next three — which australia is facing within the next three months. what we will see is the government announce some consumer feel—good policies. the trouble is, previous governments have tried this and they don't really work. energy prices are one real pressure point in australia. the government has brought in more hydropower to try and ease the crisis, but with housing and energy prices at record prices in australia, any relief there is going to be quickly gobbled up. interestingly, on housing, new south wales, where sydney is the capital, the state premier there is going to announce today this scheme whereby they can give equity to the state government and help first—time home—buyers to then acquire their first house,

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