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One thing to know: Inflation is only going to get worsewarned that Australians will face some "tough medicine" in the coming months to avoid a recession and lower living standards.expected to peak at 7.
75 per centIt is already sitting at 6.1 per cent, despite forecasts before the election that it would peak at 4.25 per cent, when it is forecast to fall to 2.75 per centHere's a bit of what the Treasurer had to say:Watch
Australia Latest News, Australia Headlines
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