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MYEFO finds $10b in savings to ease pressure on inflation: Gallagher

Phillip Coorey
Phillip CooreyPolitical editor

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The mid-year budget update to be released on Wednesday will claw back almost $10 billion in savings as the government seeks to minimise pressure on inflation.

But at least more than half, or $5.2 billion, will be spent on what Finance Minister Katy Gallagher says are “unavoidable spending measures” for which she blames the former Coalition government.

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    Original URL: https://www.afr.com/politics/federal/myefo-finds-10b-in-savings-to-ease-pressure-on-inflation-gallagher-20231211-p5eqh9