Australian budget curbs spending but dodges reform
Labor Treasurer Jim Chalmers and Reserve Bank of Australia (RBA) Governor Philip Lowe agree on the threat from inflation
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In this article
- Prices are rising
- Food
- Transport
- Housing
- Government curbs spending
- Spending categories
- Fiscal rebuilding
- Public reaction
- Long-term risks are growing
- Social services
- Ageing population
- Climate resilience
- Tax reform unavoidable
- Windfall tax would be popular
- Multinationals
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