Labor's Balancing Act: Dealing with the Cost of Living Crisis

Politics News

Labor's Balancing Act: Dealing with the Cost of Living Crisis
LaborCost Of Living CrisisEconomic Conditions
  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 23 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Labor is dedicated to tackling the cost of living crisis, but economists warn of challenging economic conditions for months to come.

Labor says it's dedicated to dealing with the cost of living crisis but it has a delicate balancing act on its hands." Labor is dedicated to tackling the cost of living crisis ," Andrew Leigh, Assistant Minister for Treasury told 9News."There is a significant group of Australian households who are still struggling here, and there's probably no relief for some time to come," AMP's Chief Economist Shane Oliver told 9News.

And just when Australians thought it couldn't get any worse, economists warn we're facing challenging economic conditions for months to come. (9News) "There's a limit to the extent to which they can cut back on spending, or work longer, or sell off assets or run down bank deposits and I suspect that limit is now starting to be reached.""We're facing Labor's cost of living crisis and we're facing uncertain economic times," Taylor sai

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsAUS /  🏆 10. in AU

Labor Cost Of Living Crisis Economic Conditions Australian Households Uncertain Times

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Politics and Economics’: Jim Chalmers has ‘difficult balancing act’ ahead of him‘Politics and Economics’: Jim Chalmers has ‘difficult balancing act’ ahead of him‘Politics and Economics’: Jim Chalmers has ‘difficult balancing act’ ahead of him
Read more »

Last hurrah for the big spenders? Inside Labor’s campaign reform balancing actLast hurrah for the big spenders? Inside Labor’s campaign reform balancing actThe election reform package would create a big change in how campaigns are funded and politicians engage in politics. But achieving consensus will not be straightforward.
Read more »

Last hurrah for the big spenders? Inside Labor’s campaign reform balancing actLast hurrah for the big spenders? Inside Labor’s campaign reform balancing actThe election reform package would create a big change in how campaigns are funded and politicians engage in politics. But achieving consensus will not be straightforward.
Read more »

Dealing with an Extreme ImitatorDealing with an Extreme ImitatorA person shares their experience of dealing with someone who imitates everything they do and how it makes them uncomfortable.
Read more »

‘Could have been handled better’: Souths ‘internally dealing with’ Latrell over R-rated chat‘Could have been handled better’: Souths ‘internally dealing with’ Latrell over R-rated chatNRL: The NRL are comfortable with the decision not to sanction Latrell Mitchell on his recent radio interview where he used a number of expletives, with CEO Andrew Abdo stating Mitchell is in fact a leader and role model of the sport
Read more »

Souths ‘dealing with’ Latrell over R-rated chatSouths ‘dealing with’ Latrell over R-rated chatSouth Sydney chairman Nick Pappas has had his say on the latest cyclone of drama engulfing superstar Latrell Mitchell.
Read more »



Render Time: 2025-02-15 13:06:33