Pete Wargent blogspot


'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Wednesday, 2 August 2017

Kouk on cost of living pressures

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.