this post was submitted on 28 Apr 2026
22 points (95.8% liked)

Australia

4979 readers
72 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] FreedomAdvocate 1 points 2 days ago (1 children)

Did you miss the interest rate rise due to inflation before the war?

[–] hanrahan@slrpnk.net 2 points 2 days ago

here's am analysis from before the war

https://theconversation.com/is-federal-government-spending-really-to-blame-for-higher-inflation-its-not-clear-cut-274961

But the current fiscal settings are not the primary cause of the uptick in inflation.

Those calling for government cuts – mostly long-time advocates of smaller government – claim this would lower inflation, and as a consequence reduce interest rates.

In fact, claims that government spending is now a very large share of the economy are exaggerated.