Business
Why Australia’s inflation is ‘different’ – The Australian Financial Review
RBA governor Philip Lowe insists that when it comes to the wave of inflation sweeping the globe, Australia differs from other…
The problem, however, is the unexpected flow-on effects of the pandemic. Lowe explained: There was a perfect storm of sorts: very strong demand for goods combined with a hit to productive capacity. The result was a sharp increase in shipping costs around…
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