perspective, it is actually very high. it is the highest or fastest pace of growth since 2014, and in australia, the cost of living is already extremely 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. 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 pricing, 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
us what the australian government is doing. inflation in australia is around 3.5%. that does not sound that high compared to the inflation jumps we are seeing in the united states and here in the uk, but from an australian perspective, it is actually very high. it is the highest or fastest pace of growth since 2014, and in australia, the cost of living is already extremely 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. 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 pricing, but with housing and energy prices at record prices in australia, any relief there is going to be quickly gobbled up.
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 e
in the united states and here in the uk, but from an australian perspective, it is actually very high. it is the highest or fastest pace of growth since 2014, and in australia, the cost of living is already extremely 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. 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 pricing, 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
is control of, and access to, energy supplies oil and gas. it gives leverage to both sides. and today, another reminder that events elsewhere in the world do come home to roost. record prices at petrol pumps as the price of oil spikes amidst the uncertainty. another worrying factor in the cost of living. it s ridiculous. you ve got to work more hours to earn more money to pay for more fuel. you re never home cos you re always working trying to pay the bills. if sanctions are imposed against russia, it could get worse. and europe with far more links to the russian economy than the united states is on the front line. the connection between russia s oil and gas industry in europe is pretty obvious visible in a network of pipelines. now, one suggested sanction is that the new nord stream 2 gas pipeline would not become operational in the event of military action in ukraine. that would be a big blow to russia. but sanctions hit both ends of any trade.