Low-income Aussies to be hit hardest by inflation, and RBA says incomes won’t grow until late 2024 Economy Bernard Keane 8 August 2022 Low-income Australians can't do a thing about inflation, but they'll have to wear the cost of dealing with it.
Inflation is surging and wages are falling. Expect big rate hikes and a US recession Economy Glenn Dyer 15 July 2022 With the US facing a recession and interest rates rising globally to curb inflation, Australia is facing a tumultuous economic period.
