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THE PROBLEM OUTLINED
THE CAUSES OF INFLATION IN AUSTRALIA
THE EFFECTS OF INFLATION
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achieved adjusted adverse effect after-tax real incomes aggregate demand approximately Arbitration Commission Australian dollar Australian economy average weekly earnings borrowing budget deficit cause of inflation cent Chart Consumer Price Index consumer spending decline demand pressures devaluation early economic growth effects of inflation employers exchange rate expected expenditure export financial assets floating exchange rate foreign exchange market Gross Domestic Product growth in money Hawke Government Health and Personal higher money wages higher tax brackets households inflation in Australia inflation occurs inflation problem inflationary pressures interest rates investment Japanese Yen labour costs last decade Liberal-NCP Government major trading partners monetarist money incomes money supply National Australia Bank oil prices output overseas payroll tax percentage period personal income tax price level production purchasing power rapid increase rate of growth rate of inflation rates increase real wages reduce rising inflation tax indexation tax rates taxation unemployment wage indexation wages pause Whilst