Get all your news in one place.
100's of premium titles.
One app.
Start reading
The New Daily
The New Daily
Business
Matthew Elmas

‘Slightly less terrible’: Why the budget won’t worsen inflation

10 News First – Disclaimer

A $14.6 billion dollar cost-of-living relief package in Tuesday’s federal budget has sparked fierce debate about whether Treasurer Jim Chalmers has worsened inflation by supporting families.

On Thursday night, Opposition Leader Peter Dutton accused the Albanese government of delivering an inflationary budget that will make the likelihood of another painful interest rate hike from the Reserve Bank more likely, seizing on comments from economist Chris Richardson.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.