No, the budget does not make further interest rate rises more likely
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Inflation, as Prime Minister Anthony Albanese has said, is “a tax on the poor”.
The great budget challenge for him and Treasurer Jim Chalmers has been to deliver help to Australians struggling with cost-of-living pressures without adding to inflation.
So has the government achieved that aim? While it’s too soon to be certain,...
Read more: No, the budget does not make further interest rate rises more likely
