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So you want an unemployment rate of say 6%+ ?
Nailed it, the way to fast track productivity, is to get the workers hungry for work, any work just to make ends meet.
In the mid 1970's at the steel works guys were in tears if they couldn't get an overtime shift, these days you struggle to get them in for the Mon-Fri shifts.
I thought I would google what is not included in the CPI calculation.A number of forum members may find this interesting. A little different from the CPI.
View attachment 166481
Selected Living Cost Indexes, Australia, September 2024
Living Cost Indexes (LCIs) measures the price change of goods and services and its effect on living expenses of selected household typeswww.abs.gov.au
Sounds familiar, they don't like it when it gets above 10%, then it probably hits the welfare bottom line.So you want an unemployment rate of say 6%+ ?
Oh trawler.I thought I would google what is not included in the CPI calculation.
The ABS also calculates the CPI excluding volatile items, which is the average inflation rate of all items in the CPI basket except for fruit, vegetables and fuel.
Mortgage repayments are not included in the CPI. The CPI is often referred to as the measure of inflation, or headline inflation
Purchases of established dwellings are not captured in the CPI, because they are treated as transfers of existing assets. As a result, the price of established dwellings has no direct influence on CPI inflation.
Yep tell the kids, no one gives a $hit what you pay for your established house and to top it off no one cares what your interest rate is, get over it.Oh trawler.
I feel like a proud parent.
ouch !Yep tell the kids, no one gives a $hit what you pay for your established house and to top it off no one cares what your interest rate is, get over it.
The plan is to rest the currency to $x, everything else adjusts and the Govt debt drops by the adjustment in the currency, everyone moves on.
Except for those who can't pass on the extra costs or don't get Govt support, oh well there is always collateral damage, that's inclusiveness.
Don't worry it is only the middle class baby boomers to blame, OMG that is just about everyone in Canberra, who are desperately trying to become elites before they become invisible and irrelevant.ouch !
careful with that scalpel or you will cut the government out of the inflation scam picture
Try sydney's northern beaches if you want to see a bunch of boomers utterly obsessed with what everyone else thinks.Don't worry it is only the middle class baby boomers to blame, OMG that is just about everyone in Canberra, who are desperately trying to become elites before they become invisible and irrelevant.
For a couple of bucks they can probably get a selfie with Malcolm, always good for the memory stick, 'here's me and Mal doing it tough, house has gone up $2m, but it's hard to manage on the pension".Try sydney's northern beaches if you want to see a bunch of boomers utterly obsessed with what everyone else thinks.
You'll never find a more insecure group of people in your life.
At a cronulla sharks members' event that they had to buy with credit.For a couple of bucks they can probably get a selfie with Malcolm, always good for the memory stick, 'here's me and Mal doing it tough".
Yes financing a car..or a holiday..I d prefer to sell my blood or a kidney..If you think I'm joking, ask basically anyone in the northern beaches about their shiny new money (mercedes) car. Let them tell you how great it is.
Then ask them if they own it or they financed it
hey sp, looks like a bit of a rant, then I realised there are a few missing bits #228, 229, 231. ... and probably a few more. Someone who has me on ignore (his loss). Care factor low. Kind of spoils the thread, though. good luckFor a couple of bucks they can probably get a selfie with Malcolm, always good for the memory stick, 'here's me and Mal doing it tough, house has gone up $2m, but it's hard to manage on the pension".
The kids can only afford to get us a balcony on the World cruise, instead of the normal suite, obviously times are getting hard all round.
My god it wont be long and we will have to start cruising on one of those cruises the plebs take, heaven forbid.
Or the kids have bought it for them, so the parents don't sell the inheritance.If you think I'm joking, ask basically anyone in the northern beaches about their shiny new money (mercedes) car. Let them tell you how great it is.
Then ask them if they own it or they financed it
Yes had a couple of red neds, so push the boat out let it rip a bit, ruffle a few feathers wouldn't be the first time, wont be the last.hey sp, looks like a bit of a rant, then I realised there are a few missing bits #228, 229, 231. ... and probably a few more. Someone who has me on ignore (his loss). Care factor low. Kind of spoils the thread, though. good luck
If it it brings the interest rate on my loans below 6% I’ll take it, hahahaSo you want an unemployment rate of say 6%+ ?
They must have me on ignore toohey sp, looks like a bit of a rant, then I realised there are a few missing bits #228, 229, 231. ... and probably a few more. Someone who has me on ignore (his loss). Care factor low. Kind of spoils the thread, though. good luck
If it it brings the interest rate on my loans below 6% I’ll take it, hahaha
welcome.They must have me on ignore too
I am noticing a few missing posts too, hahahey sp, looks like a bit of a rant, then I realised there are a few missing bits #228, 229, 231. ... and probably a few more. Someone who has me on ignore (his loss). Care factor low. Kind of spoils the thread, though. good luck
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