In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation
- Written by Stephen Bartos, Professor of Economics, University of Canberra
Crafting a federal budget is never easy. Tonight’s budget is harder than most.
The government faces irreconcilable pressures: spend more to meet community demands, spend less to keep inflation down.
The Reserve Bank is concerned about inflation. Governor Michele Bullock has signalled a preparedness to drive Australia into recession rather...
Read more: In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation
