It’s been a difficult year for the economy, and the year ahead also is looking challenging. Treasurer Jim Chalmers, overseer of the government’s economic policy, joins us on the podcast to talk about the latest budget numbers, interest rates, changes to the Reserve Bank board, Australia’s debt, cost of living measures and more.
On 2024, Chalmers expects Australians to be better off this time next year:
That’s certainly the expectation.[…] If you look at the forecasts in the mid-year budget update, the Treasury expects inflation to moderate further, they expect wages to grow, and we expect annual real wages growth as well.
