Chalmers fights inflation, will it be enough for a rate cut?
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Treasurer Jim Chalmers promised an “inflation-fighting and future-making budget” and he has delivered by introducing measures aimed at directly bringing down inflation.
Combined, his A$300-per-household energy rebate and his 10% increase to the maximum rate of Commonwealth Rent Assistance will cut inflation in the year ahead by 0.50...
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