Australian Businessews The Good And The Bad

Australian businessews is both good and bad. It seems that a private survey has confirmed what the man on the street already knows and that is that the price of goods such as fresh food, petrol and travelling is rising. Prices also seem ready to rise in the other sectors such as educational construction, housing and services. What might surprise the ordinary person is that there was also supposed to have been a fall in rental prices that partly offset the other surges.ot everyone would agree with that piece of Australian businessews.What all this Australian businessews boils down to is that inflation isow expected to rise and so we are likely to get hit with another interest rate rise as the powers that be try and stop inflation from going through the roof.An interest rise in March 2010 was predicted as early as last year by experts in Australian businessews, butow they are tipping that there could even be two interest rate hikes in that month rather than the one. If this happens it will surely have the effect of pushing down inflation to a rate that is manageable.While the Australian businessews experts can and do predict with fair accuracy what will happen in the coming year, they can still be surprised by the unexpected, such as the recent fall in unemployment figures. They were also expecting much more doom and gloom in the Australian econoour as the global recession tore chunks out of the economies of many other countries, but that didnt happen at leastot to the extent that was expected. It is good to be pleasantly surprised sometimes.