@ShaneOliverAMP Yes an extra 20,000 staff over three years across Defence, Federal Police, Home Affairs and Veterans Affairs. A shout out to our brave men and women in uniform.
@taipan168@DrDunnyKruger Yes thatโs right the Covid support payments were unwound in Australia in 2022 and inflation was running at over 6% in 2023. So a big drop in that Covid hangover period.
@drsmithy@Mark_Graph The rate has come down from 2% to 1% across the last two years. Can it reduce further to 0.75% over the next four years? Time will tell.
@drsmithy@Mark_Graph Yes and the intention of all political parties is to bring the rate down below that long term average of 1%. Current forecasts have the rate by 2030 returning to level before the Howard era spike.