Is the public sector driving up the cost of living?

Wednesday 9 August 2017

The Australian’s David Uren has penned a spurious piece today arguing that the public sector is responsible for the rise in the cost-of-living since the Global Financial Crisis:

Inflation in the cost of public-sector services is rising at more than five times the pace of the private sector, and is equivalent to a tax of more than $800 a year on the average household…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.