Albanese government’s handling of inflation slammed amid latest CPI figures

Shadow Treasurer Angus Taylor has responded to the recent inflation data released by the Australian Bureau of Statistics on Wednesday. The Consumer Price Index data, released by the ABS on Wednesday, showed annual inflation at 3.8 per cent, up from 3.6 per cent. Mr Taylor claimed Australians are not relieved by figures revealed on Wednesday. “We see inflation in this country stuck around four per cent,” Mr Taylor told Sky News Australia. “The cost of living crisis rages on; the price of everything has continued to go up well above the target level. “The outcome yesterday was well above Treasury forecast, and this is something the Treasurer made a big deal about before the budget. “Treasury’s got it completely wrong, and the Treasurer has got it completely wrong with three failed budgets, homegrown inflation that continues to rage, and Australians are all paying a high price for this government’s complete failure to tame homegrown inflation.”