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Chris Richardson

Can Albanese walk and chew gum on cost of living?

The prime minister’s package this week to help struggling households is all too likely to address the symptoms while inflaming the cause.

Last week, the International Monetary Fund urged the government to cut spending because that would help with the cost of living.

But this week, the government seems set to announce increased spending because, um, that will help with the cost of living.

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Chris Richardson is an independent economist.

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    Original URL: https://www.afr.com/policy/economy/can-albanese-walk-and-chew-gum-on-cost-of-living-20240122-p5ez4o