Shocking new inflation data shows the cost-of-living crisis is getting worse by the day and Tasmanians are paying the price while the Rockliff-Ferguson government sits on its hands.
Consumer Price Index data released today by the Australian Bureau of Statistics shows inflation in Hobart is now 6.5 per cent – well above the national average of 6.1 per cent and the equal highest cost-of-living increase in over 30 years.
With wages still unable to keep pace, Tasmanian families are going backwards at a record rate and businesses are facing increased cost pressures and risk.
Significant contributors to the rise in the CPI were things families can’t go without – housing, food and fuel.
But rather than acting to ease the pressure on Tasmanian households and businesses, the Rockliff-Ferguson government is making the crisis worse with a new bin tax, water bill increases and their refusal to support Labor’s plan to cap power price increases.
While Jeremy Rockliff is distracted by the ongoing turmoil in his party and the loss of four senior ministers since last year’s election, Tasmanians are suffering because he and his deputy Michael Ferguson are too weak to act to help Tasmanians.
This government has lost control of the basics of economic management. It is beyond time for them to deliver meaningful action to help everyday Tasmanians with the soaring cost of living.
Shane Broad MP
Shadow Treasurer
