Treasurer Jim Chalmers flashed a hint of a smile on Wednesday after official inflation figures showed price pressures had fallen to a two-year low.
The consummate media performer said there was “encouraging progress” in the fight against inflation “but it’s not mission accomplished yet because we know people are still under the pump”.
John KehoeEconomics editorJohn Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
