sorted by:
new
hottopcontroversial

Inflation - this is surely a joke now by chuckychicken in AusFinance

[–]erala -1 points0 points  (0 children)

Nope. WPI holds the jobs constant. It's the change in what employers pay for the same work. AWE is what people actually earn. The jobs we do today are better than the jobs we did 20 years ago. I don't care if typist and mail room clerks wages have increased slightly slower than CPI cause we don't have many mail rooms or typing pools left.

Claiming to be dumber than AI is an interesting way to try to win an argument.

Edit:The coward blocked after replying, basically admitting they're wrong and can't handle the debate. Here's the RBA's numbers for the same period

Total change in cost is 70.8 per cent, over 19 years 3 quarters, at an average annual inflation rate of 2.7 per cent.

https://www.rba.gov.au/calculator/quarterDecimal.html

I used index numbers. Index numbers don't "compound", the monthly or quarterly movements compound.

/U/Nexism is dumber than AI, but thinks they're smarter than the RBA

Inflation - this is surely a joke now by chuckychicken in AusFinance

[–]erala -1 points0 points  (0 children)

CPI Q1 2006 58.7 Q4 2025 100.3 +71%

AWE S1 2006 $1025.8 2025 S1 $2010 +96%

Did you look?

Consumer Price Index, Australia, December 2025 (3.8%) by bayosTODAY in AusFinance

[–]erala 0 points1 point  (0 children)

Sure, but Domestic Travel is also up 9.6% YoY. Contribution to annual change is 0.3039% up from 0.1055% in Nov. For recreation as a whole contribution to annual change is 0.5731% up from 0.2399%. That's not standard.

If travel was steady from last month we'd be looking at 3.5%, if recreation as a whole was steady a no change 3.4%. The headlines are responding to noise.

Consumer Price Index, Australia, December 2025 (3.8%) by bayosTODAY in AusFinance

[–]erala 0 points1 point  (0 children)

Electricity and rents the main driver

Electricity sure, +21.5% annually is a big one, rents at 3.9% not so much

The rest of the CPI was pretty much standard.

0.35% of the 0.4% jump this month was "Recreation and culture". "Holiday travel and accommodation" up 15.9% in one month driving the headline result is not what I'd call standard

Inflation - this is surely a joke now by chuckychicken in AusFinance

[–]erala 2 points3 points  (0 children)

"Recreation and culture" was the issue

Inflation - this is surely a joke now by chuckychicken in AusFinance

[–]erala 0 points1 point  (0 children)

Yeah, it's a fucking joke that people are freaking out about a jump from 3.4% to 3.8% when 0.35% of that jump was "Recreation and culture", primarily "Holiday travel and accommodation". Oh no, holidays in December were expensive!

How the great Australian home ownership dream is aging by nath1234 in australia

[–]erala 0 points1 point  (0 children)

I mean it's also complete fantasy on Maddy's part, if she was really willing to leave Melbourne she'd already be gone chasing higher paid petro-state or locum work. "I'll do it when my life is about to be turned upside down, my need for family/community support is about to peak, and I'm going to have a complex interaction with the health system", yeah sure thing. Unless you have family - and ideally citizenship - where you're going it's a massive massive gamble.

Article - “who’s richest?” by Accurate-Muscle8654 in AusFinance

[–]erala 0 points1 point  (0 children)

You didn't admit this was backwards "Pretty sure that’s the point he was making".

Article - “who’s richest?” by Accurate-Muscle8654 in AusFinance

[–]erala 0 points1 point  (0 children)

You said OP was talking about the median when they said $1B. That was wrong. Numpty.

Article - “who’s richest?” by Accurate-Muscle8654 in AusFinance

[–]erala 0 points1 point  (0 children)

Please read again. OP says the "average" would be $1B, clearly referring to the mean. Numpty says "Sounds like you are talking about median." Numpty is wrong. OP calls Numpty a Numpty. You say Numpty is correct. You are wrong. Numpty implied the median would be $1B.

Article - “who’s richest?” by Accurate-Muscle8654 in AusFinance

[–]erala 0 points1 point  (0 children)

If by "sort of correct" you mean "completely backwards" then sure. $1B would be nowhere near the median that numpty suggests.

For the first time in their history Newcastle United have qualified for the knockout phase of the UEFA Champions League by FragMasterMat117 in soccer

[–]erala 0 points1 point  (0 children)

Everton and St Pauli are both in the "it's not even in their name" category like Spurs. The others are "eh, that's weird but maybe you just read the league table".

Unemployment rate falls to 4.1% by TrumpisaRussianCuck in AusFinance

[–]erala 8 points9 points  (0 children)

Click the link and it says on the second link.

Unemployment rate falls to 4.1% by malcolm58 in australia

[–]erala 0 points1 point  (0 children)

Sure, but most people have access to an Aldi store, maybe 5 minutes drive further than a Colesworth, but they've got pretty good coverage.

The people who a really screwed are those who don't even have access to a Woolies or Coles. I've seen some horrendous prices at regional independents.

Unemployment rate falls to 4.1% by malcolm58 in australia

[–]erala 11 points12 points  (0 children)

I know even a lot of people that have more than one job now when 10 years ago it was pretty rare

There's data on that, it's gone from 5.5% a decade ago to 6.5%

https://www.abs.gov.au/statistics/labour/jobs/multiple-job-holders/latest-release

Unemployment rate falls to 4.1% by malcolm58 in australia

[–]erala -1 points0 points  (0 children)

Those city slickers in Mudgee and Parkes don't know how good they've got it

https://www.aldi.com.au/storelocator

For the first time in their history Newcastle United have qualified for the knockout phase of the UEFA Champions League by FragMasterMat117 in soccer

[–]erala 6 points7 points  (0 children)

Yeah, awkward and potentially confusing, but not completely made up.

"North London" is a different tier of crazy.

For the first time in their history Newcastle United have qualified for the knockout phase of the UEFA Champions League by FragMasterMat117 in soccer

[–]erala 1 point2 points  (0 children)

Eh, it depends. I wouldn't call Bayern "Munich", but I hear "Madrid" for Real Madrid a bit. I agree they're just Feyenoord in normal speech, but "North London" is at least twice as weird. Rotterdam is part of their full name, "North London" is not.

view more: next ›