Cost of living crisis prompts government meeting

The cost of living crisis has been building for months on end and the Prime Minister is feeling the pressure, calling his party back from holidays to ‘find a fix’. However, the task won’t be easy as the government tries to boost household budgets and ease inflation at the same time. Prime Minister Anthony Albanese has called his entire party back to Canberra two weeks early for an urgent caucus meeting. The Opposition has accused Mr Albanese of being ‘asleep at the wheel’, while members of his party state the meeting was not a crisis meeting. The Prime Minister has again committed to the stage three income tax cuts to boost the bottom line for people earing between $45,001 and $200,000 from July, but experts are divided on their inflationary impact.