The cost of living...
Some good news out today was that in aggregate Australia's cost of living indexes are not rising sharply.
In fact, living cost indexes were stone dead flat for pensioner and beneficiary households in the June quarter, and government funded households also experienced no change.
Employee households saw a marginal 0.1 per cent increase, as did age pensioners.
Overall, not too much sign of consumer price inflation here.
Despite this, household incomes growth has been weaker since the peak of the mining boom, and the costs of some services such as childcare have soared.
Kouk discussed this on a short segment on Channel Ten's The Project last night (click image to view).
To come and see Kouk present at the Money for Life workshop in Sydney, book your ticket here.
