Mike Hosking: The gig is up on assisted petrol prices

It's about to be over.

Tomorrow our petrol goes up 29c per litre.

It's at that point you will realise, if you haven't already, what a madly, false world of cocked-up economics we have all been living in.

Kate Hawkesby: Be prepared for a bunch of cost increases over the next few weeks

We are in for a bunch of cost increases over the next few weeks. I know, more.

It’s not like we haven’t been facing a steady stream of rising costs for a while already, but a couple of things are coming up to bite us.

One, the Government’s petrol subsidy is coming to an end this Saturday, which’ll see petrol prices jump by 29 cents a litre. That’s a lot, and it’ll hit hard in a cost of living crisis.