Chalmers says latest Treasury modelling shows Australia’s inflation could reach 5%, as national cabinet meets on fuel
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Australia’s inflation rate could peak in “the high 4s or even higher” this year, according to Treasury modelling, Treasurer Jim Chalmers says.
The latest modelling comes as Anthony Albanese prepares to meet state and territory leaders in a national cabinet hook up on Thursday to discuss the fuel crisis and announce a national...
