Today“You can actually provide cost of living relief that’s counter-productive … We don’t want to see that.“But [the budget] will be responsible and it will have an economic dividend as well. So that it doesn’t add to these inflationary pressures.”Josh Frydenberg“difficult decisions”“It is all about dealing with the constraints in our economy which are pushing up inflation, whether it is labour and skills shortages, a lack of training, whether it is issues in energy — all of these other key investments that we want to make in the budget are about lifting the speed limit on the economy without adding to the inflationary pressures,” Chalmers said on ABC News Breakfast on Thursday.Chalmers said he’d been having “frank” conversations with Australians about the budget and the economy, but he’s also optimistic. Always look on the bright side of life, Jim says! “Inflation will start to moderate next year and we’re realistic about that … but there is genuine reason to be optimistic about our economy.”
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