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How Australia's Inflation Impacts You

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prices of everyday items  skyrocketing what can be done to stop this Why does the everyday Australian have to struggle with maintaining their basic necessities, including housing, food and water, clothing and education. It shouldn't be this way. Australia is a landscape that's rich with both natural and farmed resources (especially those of wheat and beef  https://www.aph.gov.au ) and yet we still are having the increased issue of our lower and middle classes struggling to provide the basic amenities for their households.  Why is this the case?  Australia has an issue where due to high demand and lack of government intervention companies are able to increase the price of goods without much repercussion. This is known as inflation. Inflation is defined as an increase in the level of prices of the goods that people can buy. This can be seen through the increase in oil, supermarket goods and housing prices.  The Oil Market When was the last time you could go to a s...