A cost-of-living crisis? Tell 'em they're dreaming

Many politicians have led Australians to believe that cost-of-living pressures are a big economic concern, but new research from the Reserve Bank suggests our views may be skewed.

We are frequently told that Australian cities are among the most expensive in the world. But is it really a cost-of-living crisis or a cost-of-living delusion? Research by the Reserve Bank of Australia provides some insight into the issue.

A brief piece in the RBA quarterly bulletin, Inflation and the Cost of Living, analyses the extent to which different households face cost-of-living pressures.

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