Treasurer Jim Chalmers has bragged about the Albanese government’s economic achievements amid the ongoing cost-of-living crisis across the country.
Treasurer Jim Chalmers boasts 'positive' outlook in Ministerial Statement on the Economy ahead of upcoming election
The Treasurer spruiked the resilience of the Australian economy which has seen interest rates risen 13 times in 15 months since May 2022. However, underlying inflation has remained outside the band at 3.5 per cent for the year to September – although this was in line with forecasts. The Treasurer said he expected “gradual recovery in the economy driven by rising real incomes thanks to our cost-of-living relief, jobs growth and progress bringing inflation down”.
Treasury Ministerial Statement Economy Treasurer Angus Taylor Ministeral Statement On The Economy
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