Have other people noticed prices going up much?

As an example, in Bunnings I was looking at buying a pack of 10 downlights. Online they say they are $154, yet in store they are now $171. I think I looked them up just before the price changed. Is this a 'supply chain issue' or just an 'almost monopoly', or are things just going up in general?

^^^^^

But yes, prices of things are on the rise. You've seen it in cars, now that fuel is rising, costs are having to rise. Retailers have had multiple price list increases already this year.

When you are talking about cost of living
you need to be a bit more precise.

What exactly mean your essential ingredient
to be / stay alive,

It isn't a home because in our tempered warm climate everybody could live under the bridge, in the park or car.

It isn't food, as epidemies of obesity kill more people then hunger.

Petrol for car can also be substituted with free bicycle ride.

But here is something ,somebody can not live without for sure !


Oooops. Almost forgot about another essential


www.aussieprices.com.au/beer-prices-in-australia/#more-4246

Tonz said..
go back on line, take a photo(s) then go instore and demand and get cranky their 10% discount if found cheaper elsewhere.
Some places they would try & fob it off with freight but your in same state as head office.
If they get stroppy get names and IDs of staff.
Dont take this lying down, fight for it.
we will visit you in hospital but not prison

I should have tried that, but lost interest when I found the cheaper brands were almost half the price and didn't care as much. It's almost like Bunnings are creeping up the prices on their home brands

Some staff there can be hit and miss. Some know their 'trades' and others don't. Some are friendly and helpful and others..

I remember some young kid telling me that the chip in a brand new vanity basin 'was only cosmetic' when I went to return it. Well, it would have been enough to make me argue the point, but I was returning it under their 'change of mind' policy anyway, so what did I care, To their credit, exchanges are usually pretty good.

Paradox said..
All this was very predictable. The obscene stimulus policies employed by pretty much every gov around the world in response to covid combined with significant drop in productivity made it unavoidable. Print or borrow money and hand it out free at the rate we did and massive inflation follows. Combine that with a very slow response to increasing interest rates by central banks and bingo. Runaway inflation.

Some may remember even our Reserve Bank at the start if this year saying there will not be an interest rate hike until 2024. Make no mistake this was deliberate. Inflation is the governments best tool to reduce the massive trillion dollar debt we racked up by devaluing it. It's a hidden tax. Throw in the massive underspend on developing new fossil fuel supply over the last 10years and thats a double whammy.

This is all the result of government policy and poor planning.

Government poor planning? I doubt they had any idea what the results would be for a pandemic. No one else did, so why would they be any different?

We could have equally had a recession/depression or a boom economy. Who would be able to predict this?

If we had a new variant pop up today, that was extremely agressive and lethal, we could go backwards instantly. How would a government plan for that using whatever policy?

The RBA have a goal to allow a certain level of inflation and keep the money system stable. If you think 'the government' is trying to increase the level of inflation to reduce debt, you are dreaming. They don't even think that far ahead. Once one PM leaves office do you think he cares about what happens 20 years down the track?

The inflation figures would have been a surprise, but with 20/20 hindsight, pretty predictable. People feel comfortable and have money to spend, so things went up.

myscreenname said..
Why not invest in cryptocurrency. It provides a buffer to the high price idiots pay for iceberg lettuce.

How many bitcoins does it take right now to buy one iceberg?

FormulaNova said..

Government poor planning? I doubt they had any idea what the results would be for a pandemic. No one else did, so why would they be any different?

It wasn't the pandemic that caused the issues, it was the gov responses to the pandemic that caused it. So yes poor policy.

The results were very predictable and plenty of people warned this would happen. The only unknown really was the Ukraine issue, but frankly there were plenty of warnings to Europe about the idiocy of relying so much on Russian oil and gas. Even the orange bad man warned them.

Kamikuza said..

Remember when some people were saying that you hadn't started paying the bill for the lockdowns yet, and other people laughed at them? Yeah good times.

Economic hardship is directly correlated with poor health outcomes. Going to be interesting to see how they spin all this.

Oh wait -- "it's Putin's fault and it's good for you". Right.

I just came across this article from a couple of months ago. It gets to the heart of it and the reason we currently have an energy crisis. It really has nothing to do with the Ukraine. The video segment is eye opening and worth a watch.

www.conservativewoman.co.uk/the-green-agendas-role-in-global-inflation/

FormulaNova said..

Blaa, blaaa, blaaa... Cost of Living...

The "Cost of Living" - another stupid concept dreamed up by the media to get the daily cycle going.

Only good things these days is that it is taking society less and less time to get over whatever hyperbolic scare crap the media peddles.

Reds under the beds lasted multiple decades. International terrorists lasted a single decade. We got a few years out of Greta. Covid managed to drag out to just under two years. Now we got "Cost of Living". I'll give it 5 months.



Oh yeah, and shopping at a monopoly that aggressively works to undermine both suppliers and other retailers and then complain about rising prices at that same retailer seems a bit .... well a bit ... ------------- (I'll let you'se fill in the blank)

Harrow said..
There's already a wait of several months to see a pscyhologist thanks to the impact of lockdown.

That's Putin's fault, and it's good for you.