16 May 2024

The Hoot: Can a pea-and-thimble trick really slay the inflation dragon?

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How about that Budget?! What a thriller!

Yep, we’re in the ‘meh’ boat, too. Talk about a nothing burger.

There’s not much to get excited about – until you start looking under the bonnet at the tricks. Like, if inflation is too much money and not enough stuff, how can throwing $300 at households by ‘lowering’ bills be anti-inflationary when it’s really putting more money into people’s pockets? Is the ABS really going to fall for this carnival trick? And the RBA?

That and more in this week’s Hoot, with David Murtagh and Claire Fenwicke.

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