In March, Google searches for the word "inflation" had their best month since May 2008, when Australia was in the midst of its last major inflation outbreak.
Google searches for 'inflation' in Australia
Wages have not kept pace with inflation. Workers' pay packets have increased 6.6%, while the price of what households buy has climbed 7.0%, meaning purchasing power has gone backwards.
Supermarket staples have be...

By Chloe
Hey moomooers! Here are things you need to know before the opening bell:
- Major indexes closed at record high last Friday.
- Economy week ahead: US consumers, Fed testimony, China GDP
Market snapshot
Stock futures were mixed in early morning trading on Monday as earnings season kicks off on Wall Street this week.
Futures on the Dow Jones Industrial Average fell 177 points. S&P 500 futures and Nasdaq 100 futures both traded around the flatline.
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