[richiebful1]

That doesn't seem to be the case in the statistics from the Australian Bureau of Statistics.

historical data: https://www.abs.gov.au/statistics/research/70-years-inflatio...

more recent history: https://www.abs.gov.au/statistics/economy/price-indexes-and-...

[coenhyde]

Australia has had a lot of asset inflation and is only recently starting to show in the consumer prices. eg afaik house prices are not included in the CPI