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Australia’s worrying ‘fiscal position’ a result of ‘government consequences’

05/05/24
Sky News Australia
Dans Asie / Australie

George Washington University Assistant Professor Steve Hamilton slammed the inflationary “fiscal position” Labor has put Australia in. This comes amid concerns over government spending, amid the current inflation rate. “We needed to see the government step back,” Mr Hamilton told Sky News Business Editor Ross Greenwood. “Pull money out of the economy, to take some pressure of the Reserve Bank. “The government chose not to do that, and now we all face the consequences.”

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