We, the public, have long known - factually, not mere perception - that the CPI never has a ring of authenticity.
Anyone who buys the occasional basket of groceries, or buys shoes, clothes and stuff for themselves or their children knows that prices keep shooting ahead of anything resembling the tee wee CPI figure released by the ABS every quarter.
Finally, in simple language that we can almost understand, The Age explains "why is it so", because, yes, yes indeed, it really is so!
While the article is focused on the billions of dollars foregone by those receiving benefits, because of a contorted approach to measuring the CPI, it would have been nice to see a broader brush applied, to remind the punters that they are not losing their minds after all, and to acknowledge that this appalling piece of deception hurts every person in the country, in real dollars (what about workers whose pay increase is often tied to the CPI, even if only as a benchmark?), and psychologically (how many of us feel a tad inadequate when we seemingly buy less, spend more, and are told by our government that the CPI isn't hurting a bit?).
Sure, it's a longish piece, and a bit dry, but it should be - and won't be - mandatory reading for every adult in the country.
Then we should tell the fucking government to stop this smary, smart arsed practice.
Pensioners ripped off