GROK Fact Check: Inflation has fallen from 17% a half century ago under coalition to 3.4 % under Labor (Australia) critique. Particularly the comparable inflation rates of OECD nations. A graphs revealing another Albanese's Lie.
The slogan is a scoreboard, not an explanation. The 17% peak is real. Pinning it on “the Coalition,” and the later fall on “Labor,” is not. **The 17% was not a Coalition peak.** Year-ended CPI hit **17.7% in March 1975 and 17.0% in June 1975** — during the Whitlam Labor government (December 1972–November 1975). Fraser’s Coalition took office on 11 November 1975. A half-century before September 2026 is 1976: Fraser was already PM, and inflation was still **12–14% year-ended** (calendar 1976 about **13.3%**). Annual CPI was about **15.4% in 1974 and 15.2% in 1975**. The “17%” figure is the quarterly year-ended peak, not a Coalition vintage. **3.4% is a selected print, not the live rate.** Headline CPI was **3.4% in November 2025**. The latest ABS print is **3.5% in the year to July 2026**; trimmed mean (the RBA’s preferred underlying measure) is **3.6%** — still above the 2–3% target. June 2026 was **3.8%**. Housing is still the main domestic driver. The long decline is real. The party l...