latika, let s begin with you on this, and tell us what the austerely government is doing. government is doing. inflation in australia is government is doing. inflation in australia is around government is doing. inflation in australia is around 3.5%. - government is doing. inflation in australia is around 3.5%. that i government is doing. inflation in i australia is around 3.596. that does australia is around 3.5%. that does not sound australia is around 3.5%. that does not sound that high compared to the inflation not sound that high compared to the inflationjumps we are seeing in the united inflationjumps we are seeing in the united states and here in the uk, but for united states and here in the uk, but for nostril in perspective, it is excellent very high. it is the highest is excellent very high. it is the highest or is excellent very high. it is the highest or fastest pace of growth since highest or fastest pace of growth since 2014, in australia, the cost of liv
does a very good social safety | australia? in various. australia - does a very good social safety net, so it is does a very good social safety net, so it is never does a very good social safety net, so it is never in my mind as acute as some of so it is never in my mind as acute as some of the shortages that you do see in as some of the shortages that you do see in the as some of the shortages that you do see in the uk, but certainly housing ithink see in the uk, but certainly housing i think is see in the uk, but certainly housing i think is the see in the uk, but certainly housing i think is the big killer. you have a generation of the just cannot afford a generation of the just cannot afford to a generation of the just cannot afford to buy a house, and with that comes afford to buy a house, and with that comes little hope in their future. your comes little hope in their future. your investment in capital and the feeling your investment in capital and the feeling t
and even a situation where parents could get over some of their equity to government and help their kids get on the housing ladder. so there are some radical schemes in the works, but the cost of living in australia is always an electoral killer, and i think that could be a big slippery issue heading into the election in may. clive, it is difficult to see how many schemes, to see how any schemes, whatever government comes up with it, will do anything significant to ease the immediate pressure on people, and that certainly the case here in the uk. it is. you have the scottish - government having one off £150 payments to people who are suffering from fuel poverty. so the lowest income families will get that i kind of one off help. £350, again, to those in fuel poverty in england as well, l
gobbled up. interestingly, on housing, gobbled up. interestingly, on housing, new south wales, where sydney housing, new south wales, where sydney is housing, new south wales, where sydney is the capital, the state premier sydney is the capital, the state premier there is starting to announce today this scheme whereby they can 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. home buyers to then acquire their first house, and even a situation where first house, and even a situation where parents could get over some of their equity where parents could get over some of their equity to government and help their equity to government and help their kids their equity to government and help their kids get on the housing ladder. their kids get on the housing ladder, so there are some radical schemes ladder, so there are some radical schemes in ladder, so there are some radical sc