Opinion

What inflation might hold for Australia in 2022

By Noel Whittaker
Updated December 30 2021 - 11:38pm, first published 11:00pm
There is no doubt that inflation is rampant, but is it temporary or here to stay? Picture: Shutterstock.

Almost 40 years ago, economist Dr Don Stammer coined the term "Factor X", which he defined as "a powerful influence that was not even thought about when the year began ... but which has a big effect on business conditions".