Coalition explains surging cost of living as Anthony Albanese prepares to emerge from COVID-19 isolation

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Coalition explains surging cost of living as Anthony Albanese prepares to emerge from COVID-19 isolation
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Anthony Albanese is ready hit the campaign trail again after contracting COVID-19, while Scott Morrison is under pressure over the soaring cost of living.

Prime Minister Scott Morrison visits Nyrstar zinc smelter on Day 18 of the 2022 federal election campaign, in Hobart.Prime Minister Scott Morrison has defended his government's economic record as inflation figures spark fears of an interest rate rise during the election campaign.

The annual rate of inflation has soared to its highest level since 2001, fuelled by record petrol prices and increased dwelling construction costs, according to data released by the Australian Bureau of Statistics on Wednesday. "The amount of capital, of finance, sitting on Australians' household balance sheets and business balance sheets today is almost unprecedented," he said.

"The big risk of re-electing Scott Morrison is another three years of attacks on real wages, which makes it harder and harder to keep up with the skyrocketing costs of living and to pay increasing costs on your mortgage," he said.Source:"Scott Morrison claims to be good at managing the economy. It is not good economic management if Australians cannot get ahead," he said.

"My doctor tells me I have to take things easy, particularly in the first few days to not do the 16 and 20-hour days that I was doing," he told WSFM Sydney radio.Pauline Hanson has indicated One Nation will not preference only Liberals in key seats after she accused the government of doing a "dirty deal with the devil" by telling voters to preference Jacquie Lambie Network in the Tasmanian Senate race.

"Unfortunately, left-leaning Liberals aren't giving conservative Australian voters much reason to hope their party will act differently to Labor," she said.

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