'Record spending': Labor ‘kicking itself in the teeth’ over inflationary pressures

Sky News host James Macpherson has reacted to comments made by former Labor treasurer Wayne Swan over the feud between Treasurer Jim Chalmers and the RBA. “If the Reserve Bank is ‘punching itself in the face’, the government’s kicking itself in the teeth,” Mr Macpherson said. “You’ve got record spending, you’ve got record immigration, all of which … is contributing to inflationary pressures.”