Chalmers’ budget is expansionary: RBA analysis
The Albanese government’s third budget adds more money into the economy this year than it takes out, making it “slightly expansionary”, internal analysis prepared for Reserve Bank governor Michele Bullock says.
The assessment was included in a document provided by the RBA on Friday in response to a freedom of information request from AFR Weekend, amid a debate about whether Treasurer Jim Chalmers is doing enough to help cool the economy and tame persistent inflation.
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