Other services in respect of motor vehicles
Table 1: highest percentage increases in prices over ten years, 2009 to 2019 Expenditure class However, as outlined in Table 2, many of these items do not represent a significant proportion of expenditure in the basket of goods and services measured by the CPI. Table 1 ranks the ten highest percentage increases in prices by expenditure class over the last ten years. However, looking at specific expenditure classes within this rate, certain items have increased more rapidly. Over the last ten years (March 2009 to March 2019) the overall inflation rate, measured by the CPI, has increased 23.4 per cent. Mortgage interest charges are impacted by the level of housing debt and mortgage interest rates. The Selected Living Cost Indexes attempt to capture the changes in housing costs through changes in rents and mortgage interest charges. These are only available at an Australia-wide level.
Selected Living Cost Indexes-these measure the impact changes in prices have on expenditure on goods and services for a range of different household types (employees, age pensioners, other government transfer recipients and self-funded retiree households), determined with reference to their actual spending patterns. The CPI does not include the cost of purchasing established dwellings, although it does include rents and new dwelling purchases excluding the value of the land. As such, it does not measure price changes in regional, rural or remote areas, and cannot be used to compare differences between capital cities and regions. Notably, it is calculated using price changes within capital cities. The Consumer Price Index (CPI)-this measures changes in the price of a basket of goods and services over time, designed to be representative of average household expenditure. The ABS publishes several measures that can assist in understanding changes in the cost of living: Although not explicitly part of this analysis, it is also important to look at changes in income levels over time in assessing the impact of price increases. However, in order to assess whether living costs have increased over a period, a broad range of non-discretionary costs (such as medical expenses, food and utilities) and discretionary costs (such as entertainment and clothing) need to be considered, as well as the proportion of a household's expenditure allocated to different expenditure items. Price rises in the cost of essential goods such as electricity, gas, housing and petrol often give rise to concerns around the 'cost of living' in Australia. This is slightly lower than wage growth, which increased 30.5 per cent over the same period. The overall level of prices has increased 23.4 per cent. Analysis of these measures over the past ten years indicates there has been significant variation in the relative prices of goods and services. 
The ‘cost of living’ in Australia can be analysed using several indicators from the Australian Bureau of Statistics (ABS), namely the Consumer Price Index and Living Cost Indexes for selected households.
Recent increases in the cost of domestic electricity and gas have reignited concerns around the increasing cost of living in Australia.
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