We examine the consumer price inflation experiences of Australian households across the income distribution using … – 2018, we find that the lowest income households have experienced the largest inflation and those at the top have … experienced the least inflation. These differences in inflation experience are completely driven by alcohol and tobacco. When we …

monetary policy decision making: the use of a broader inflation measure that gives substantial weight to house prices and is … considered along with headline CPI inflation. We argue that, in terms of theory, the broader inflation gauge is at least as … suitable for measuring the value of money as headline CPI inflation is, but we also acknowledge practical problems that arise …