It seemed to be the reality that population will increase, resources are not constant but spending so there is a scarcity of supply of everything visible where demand is taken to be unlimited in the terms of economy.
If the market is the determiner of the price then the price of products should keep increasing if no new alternatives or resources are not adding to the market. In a capital economy wage increase benefits only the government in tax, not the people as per the accounting system to ad all increases into the price of products. The rule is to adjust the inflation in the wage end of the year assuming that next year's inflation will be similar. As it is clear how price is increasing in this deficit of demand and supply it is also clear to everyone that employers are employing more people every year to adjust the workload caused by the given increase where wages should only increase to adjust yearly inflation.
If we consider the present situation of the Australian economy we can see inflation coming from capitalism and it's structural problems. The most disturbing one is accounting the foreign consumers as local consumers without boundary or sovereignty only for the benefit of the capitalists who are in control. The government doesn't wanna fix the structure because it will lose revenue from the business that actually raised by asking for speculative prices of products in the domestic market. It is simply common sense if you import a product you pay a bit higher price than the exporter of the product because you don't have it. There is no possible way of accounting to take all consumers as global and set a constant price for everyone.
Economics as a discipline believes inflation will be always on top of wages naturally and there is no possible way to fight that. As a result, it adjusted an industry base system to determine salary based on the work done by an individual person. There can not be any way to measure the price of service or labour if you do not have predetermined scales or standards. If the measurement and standards keep changing that will prove that you don't have one or the society you live in is radically changing its pattern or mode of production.
Workers' union is an idea that came from Marxist theories has no validity or practical need in a capitalist economy. In capital economy unions take bites on hardworking people with the assumption that they have the authority or capacity to keep changing the society or its standards of measure.
Wage rise wherever it is will fuel inflation because there is no possible way to break the existing “chain of the price of products” and then stop the spread. Naturally, inflation is adjusted in most regulated wages end of the year.
Generally, everyone in the economy avoids products with a higher price if it was possible. How consumers will fight inflation is not suggested in the capital economy because capitalists have ways to benefit from inflation. In other words, inflation is welcomed by capitalists and their administration known as government because it is good.
How it is affecting the lives of consumers, dollar price, and businesses who cannot increase the prices of their products maintaining the demand at a profitable level. Why these questions are important? Because it cannot keep going on even though it is good. The economy as a discipline does not allow it to keep going. There are always solutions.
Now when we try to open some moral compasses or go through a true-false test raising a set of precise questions we will find the looting nature[s] of the capitalist as a true nature. What is false mostly visible to consumers who are vulnerable and apparently become victims of a rebellion started by some opportunistic bastards hiding somewhere inside the capitalist economy. Politics and parties are funded by those rebellions who live inside a similar dream to become successful in correspondent or chain of order to get benefit out of consumers.
Now getting to the point of inflation. Why the sellers will put the price down. It is given in the economy that once the price is up they don't come down at all without a very serious change in the market. Have a look at the context that when people in lower income get support to cope with inflation the marker gets the confidence to keep the price constant where it is. If the reserve bank and government together take out a huge amount of money from the market to attack the confidence of the market that can create an environment. When the employment rate is falling that breaks the confidence. When businesses are given some flexibility to factor the money from give away from the government the business may change their confidence. This is simply a question of commonsense that when businesses ask more money from people the only way to stop them is to give them money from the government not put them into continuous harassment with new policies on top of interest hikes.
I must assure that transition to renewable is designed to suck out money from the Australian economy with a false confidence that the export of commodities at higher prices can compensate for that. If it does, that actually proves that you don't have any target reducing CO2 emission but rather increasing it. The only target you have is to suck out money from hardworking Australians with absolute fraud and false theories. If you look at it more closely you will see if new techs are entering the market for power and fuel usually should reduce the price of power and fuel. The propaganda came is designed to destroy the existing structure to pick up the highest price of new techs from the market. Labour used propaganda to get elected and took the path to radical transition other than letting the market set the price in a normal economic way. All new independent MPs got elected with funds from that capitalist because once they will enter the market that will secure their income forever. What I mean to say is if you lay rat poison in your home to kill rats, that poison will melt in the air of your home then get into your nose and at some point, it will kill you. The absolute truth is if Australia is stopping the 1% of total emission of the world tomorrow, it will not make any difference even if the fraud propaganda about relation of CO2 to climate change (which is just an assumption only without no prove) had any slightest possibility to be true. Read my CLIMATE FRAUD PAGE. In reality everyone knows that CO2 emissions are increasing everyday because no businesses in this world believes in the fraud propaganda because they do not need to have new propaganda every year to win elections.
As it is clear that labour lost power for 10 years because of the grabbing character to pick up more money from people in various ways of increasing taxes. Now they came up with a new strategy to increase revenue lifting wages here and there and then panicking the economy with climate to increase the price of power and fuel so that they can sustain the growing inflation to grow their revenues. The best way to fuel inflation is to attack the energy and fuel market. The second way is to keep pushing the wage in various sectors out of the system.
This is simply an issue of commonsense that people already pay Medicare tax separately, now just to help a few disabled people and unemployed people in society government doesn't need to keep looking for options to increase their revenue through various dirty tricks. Labour is making this 1% population a platform to keep asking for more money from the people. People in a developed country must not fall for this type of bullshit that more money is needed from people to help 1% of people who can't earn enough money.
I must repeat in the conclusion If businesses are asking for more money illegally in the price make laws to stop them, if they are asking legally you must give them the money from your pocket to put the price down. No stimulus is necessary if the price is coming down. It's not sustainable or controllable throwing money here and there as a stimulus to keep the confidence of the business up for grabs. On the other hand, renewable proposals are not profitable but rather bankrupt given the competition with a well-established business for power and fuel for 100 years. People must not give away money to those businesses who should enter the market with less expectations of profit rectifying their looting nature to pick up money from the consumers with various panic. Any stupid can see except labour that if renewable was cheaper they would have captured the whole market in a year establishing new businesses every day. They are simply bankrupt.
