A rare win for Aussie welfare recipients

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Thanks to the rebound in Australian inflation courtesy of the ‘base effect’:

Annual CPI

Big rise on the ‘base effect’.

Australia’s welfare recipients will soon receive solid increases in payments:

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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.