Albanese government have ‘failed’ to bring inflation under control

Shadow Finance Minister Jane Hume has called out the Albanese government for “failing” to bring inflation under control. Hospitality businesses are failing at the fastest rate on record, with soaring food and energy costs, as well as a pullback in consumer spending, pushing cafes and businesses to the wall. “Reserve Bank Governor Michelle Bullock has said that this is homegrown inflation,” Ms Hume told Sky News Australia. “The most important thing that they can do is to bring inflation under control by using their fiscal reins. “That’s the way to bring inflation under control, and, quite frankly, the Albanese government has failed to do that.”