this post was submitted on 24 Jun 2026
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The Consumer Price Index (CPI) rose 4.0%, down from 4.2% in the 12 months to April 2026. (www.abs.gov.au)
submitted 2 weeks ago by Eyekaytee@aussie.zone to c/ausfinance@aussie.zone
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[–] AFKBRBChocolate@lemmy.ca 3 points 2 weeks ago

So still rising more than wages or anything, but it rose less than prior period

[–] Tau@aussie.zone 1 points 2 weeks ago

At least it's slowing down I guess

[–] TheCriticalMember@aussie.zone 1 points 2 weeks ago

Man, the CPI sure as shit doesn't match my lived experience. 5 years ago I was paying off 2 car loans and still had money for some minor luxuries like takeaway once a week or maybe a bottle of bourbon for myself and the boss. Now I'm making 60% more money, have no loans, very little else has changed, and there's zero money for anything. At some point during that time I moved from just barely on the top part of the K to the bottom part, and I definitely feel it.

[–] ryannathans@aussie.zone 0 points 2 weeks ago

RBA screwing us all by not putting cash rate up, to save some people with ridiculous loans