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On Wednesday the latest inflation figures showed that in the 12 months to September prices across Australia grew by 7.3% - the fastest rate since 1990.
The post Inflation is soaring and real wages are plummeting appeared first on The Australia Institute.

In Detroit, a group of Black and Brown parents are bringing their vision of culturally-rooted outdoor nature-based education to life.
Personal finance mandates can edge econ out of the classroom, but both contribute in important ways to students’ education, our economic education experts say.
The Government acknowledges the need to get wages growing again, but the budget reveals just how big the task is
The post The Budget shows the big hole in Real Wages appeared first on The Australia Institute.

The One Thing to Know Before You Vote
Many of the biggest issues affecting our day-to-day lives are determined by state and local officials who are running for office down here — as well as ballot measures.
But these races at the bottom of the ballot often receive less attention — and fewer votes — than federal positions that appear at the top of your ballot.
Why? Well many people who vote simply don’t fill out their entire ballot. It’s a serious issue.
Howdy folks! In honor of Halloween, here are some of the scariest houses currently for sale in the ever-cursed suburbs of Washington, DC. It’s been awhile since I checked in on this particular hotspot, and once more, it did not disappoint.

I’ll just get this one out of the way. Long-time McMansion Hell-heads are well aware of this monster estate in Potomac, MD, once allegedly owned by a particular professional athlete who will not be named, because the house should suck on its own merit. The only nice thing I can say about this house is that the designers kept the materials and colors consistent, which adds some unity to what is, in reality, five turrets in a trench coat.
Some things, the economists tell us, are too big to fail. This is not one of them. Let’s move on.
Rishi Sunak’s career reminds me of another spoiled child of fortune who became UK Prime Minister without having to fight an election, Archibald Primrose, the only previous PM almost as rich as Rishi. Primrose, Lord Rosebery, became Prime Minister in 1894 when William Ewart Gladstone, old and now blind, retired after his fourth (non-consecutive) term […]
The post The Primrose Path appeared first on Craig Murray.
The October Budget delivers on a range of welcome bread & butter commitments, but has deferred solving Australia’s meat and potatoes revenue problems until at least May 2023, according to independent think-tank the Australia Institute. “The meat and potatoes revenue reforms Australia needs, like scrapping stage 3, a windfall profits tax, or fixing the PRRT
The post Bread & Butter Budget Defers Meat & Potatoes Revenue Reform to May ‘23 appeared first on The Australia Institute.