Perth’s Inflation Crisis Deepens as War Pushes Prices Higher

Perth’s inflation crisis deepens as war pushes prices higher

Perth is enduring the nation’s worst inflation as Treasurer Jim Chalmers warned prices across the economy would stay higher for longer thanks to the war in Iran.

War will keep inflation ‘higher for longer’: Chalmers

New data from the period before the Iran conflict broke out shows headline inflation in Australia remained high and outside the Reserve Bank’s target range.

Perth inflation skyrocketing as Liberals accuse Cook Government of mismanagement

By Alice Guidetti Perth is claimed to be the capital city with highest inflation according to the Australian Bureau of Statistics, with costs increasing by 4.9 per cent over the past year. Housing costs are considered to be some of the primary causes,soaring up to 14.8 per cent throughout the year, while Australian banks have been increasing interest rates to contrast inflation, putting more pressure on families who are struggling to keep up wit…