For the year to June retail sales in Queensland relative to other states yet again demonstrate our relegation to comparison with poor old Tassie. Oh ...... hang on!?
Yesterday ABS released cost of living estimates as reported by Peter Martin.
The government statistician has a sobering message for Australians who think their own personal rates of inflation are way in excess of the official rate of 1.2 per cent. It’s that they are probably much lower.
Living costs, year to June
Working families: 0.7%
Age Pensioners: 0.7%
Self-funded retirees: 0.7%
Newstart and other benefits: 1.3%
Consumer Price Index: 1.2%
Things are so bad that Spain looks more attractive every day ........