Thnx for the run-down GabAhouse. I guess there are always pluses and minuses.
Some things are hard to understand, I can't figure out how anyone borrowing to buy a house and pay it off over 20-30 years, doesn't consider that the current (still) low interest rate are not permanent and could increase. But, I don't have that worry, because years ago, (after a divorce and giving everything to my former wife) I put all my efforts into buying an apartment, and paying down the loan in only a few years
I don't have, and don't want a car, so (being old) I can go anywhere, on public transport, in a roughly 100 km radius for a maximum cost of $2.50 (per day). That's just been fixed, by the government, for another year, so I don't have to worry about petrol cost.
That leaves food. So I don't buy stuff that's gone up, and like you I'm lucky enough to have an Aldi store close by. I've notice tinned food hasn't changed a lot, but here, I'm thinking that stuff is based on lasts years crops, so will likely cost much more next year. F & V (fruit and veg.) is way up, but the main growing area close to Sydney has been flooded three times recently and crops completely wiped out. The growers all over Australia have also been hit by covid. During the shut-downs, the migratory, temporary workers were not allowed to enter Australia resulting in less crops being planted.
But that's just me, for others , inflation is a problem, and if it gets out of control, it's going tl be tough.