Opinion
This budget needs to alleviate inflation - not add to it
This is an extract of Treasurer Jim Chalmers speech on budget night.
Jim ChalmersFederal treasurerThe global economy is slowing due to persistent inflation, higher interest rates and financial sector strains. Outside of the pandemic and the Global Financial Crisis, the next two years are expected to be the weakest for global growth in over two decades.
This will affect us here in Australia.
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Jim Chalmers is the federal treasurer.
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