Australians under ‘considerable economic stress’ but Labor has ‘halved inflation’

Hawker Britton Managing Director Simon Banks says while the government has “halved inflation”, middle Australia is under “considerable economic stress”. Labor is hoping to push through multiple bills during parliament’s final sitting week of the year. “Yes, middle Australia is still under considerable economic stress, but this government has halved inflation,” Mr Banks told Sky News Australia. “All the projections are that it’s going to come back down into the Reserve Bank’s band in the not-too-distant future, and, hopefully, interest rate cuts will come off the back of that.”