Inflation and the carbon tax

Early data suggests the carbon price is having little impact on the cost of living and with electricity prices making up just a small fraction of household expenditure, it's little wonder.

Lamenting Australia’s lack of a monthly reading of inflation, in 2002 I approached Professor Don Harding and Dr Lei Lei Song (then working at the Melbourne Institute) to see if it was possible to produce a monthly gauge of inflation for Australia. 

After a few months of investigation and testing, we went ahead and created the TD-MI Monthly Inflation Gauge.

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