Labor is losing control of the economic narrative as cash-strapped households look for someone to blame

1 source1 article First seen 2 days ago Updated 2 days ago Australia Truth score 45

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Summary

Jim Chalmers eyes government spending cuts but faces internal party pressure to outlay more as Melbourne Cup day interest rate decision looms If there was a data point that summed up the rough politics facing Labor on the economy this week, it came from KPMG’s chief economist, Brendan Rynne. After headline inflation rose to 4.3% on Wednesday, Rynne noted the compounding effect on households and businesses around the country. Sign up for Guardian Australia’s Politics, really newsletter here

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The Guardian Left Factuality: Very high GB 2 days ago
Labor is losing control of the economic narrative as cash-strapped households look for someone to blame | Tom McIlroy
Jim Chalmers eyes government spending cuts but faces internal party pressure to outlay more as Melbourne Cup day interest rate decision looms If there was a data point that summed up the rough politics facing Labor on the economy this week, it came from KPMG’s chief...