The AFR View
Inflation makes or breaks this year’s Power list
The power rankings reveal the splintering of traditional political power in a two-party system that is emerging alongside the economic strains.
The most powerful force in Australian politics today is inflation.
Inflation will shape the fortunes of the Albanese government ahead of an election that must happen before May 2025, one that could end in minority government and an unwelcome return of instability in Canberra. Elections are always about the cost of living and this one will be no exception.
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