Cherelle Murphy Chief Economist Oceania EY and Burgernomics host Ross MacDowell discuss Your Monthly Budget. Is Inflation About To Make It Explode?

Every economists nightmare is the 1930’s black & white photo of German women stuffing her stove with banknotes to boil the kettle. Inflation had made her banknotes worthless. Now, after decades of almost no inflation, inflation is back and lots of Australians are wondering how inflation will affect them. Cherelle & Ross discuss

Cherelle takes the Burgernomics test, applying the effects of inflation to our simple hamburger, not just from an economists viewpoint but also as a mother with two young hamburger eating children to cater for.

Cherelle Murphy recommends,

For a great explanation of inflation: Inflation and its Measurement | Explainer | Education | RBA

Measuring inflation methodology:  Consumer Price Index, Australia methodology, December 2021 | Australian Bureau of Statistics (abs.gov.au)

CPI data from the ABS can be found here: Consumer Price Index, Australia, December 2021 | Australian Bureau of Statistics (abs.gov.au)

Read our EY’s 2022 full Budget analysis here, and Cherelle’s Budget in 90 seconds. 

Connect with Cherelle Murphy on LinkedIn for regular updates on the economy.

Cherelle is passionate about encouraging women into economics,

Women in Economics Network: WEN National Committee (esawen.org.au)