Government spending the ‘biggest driver’ of inflation
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17/11/24
Shadow Finance Minister Jane Hume has criticised the Albanese government for its public sector spending which has been the “biggest driver” of inflation. A cost of living committee has found Australia's living standards are tanking. Ms Hume has urged the Albanese government to call a National Cabinet to try to convince states to limit spending. “The biggest driver of inflation has been public sector spending, at both state and federal levels, and it not just the Coalition that are saying this – it is the IMF; it is the Reserve Bank,” Ms Hume told Sky News Australia. “The only way to deal with a national crisis is with a national response.”
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