‘Its spending is out of control’: Albanese govt showing ‘no real appetite’ to lower inflation

Shadow Finance Minister Jane Hume has slammed the Albanese government for showing “no real appetite” for getting inflation under control because “its spending is still out of control”. The initial findings of an independent review into supermarket giants will be handed down today. The review – led by former Labor competition minister Craig Emerson – suggests supermarkets with annual revenues of more than $5 billion need to follow a mandatory code. “The first thing we would do is get inflation down,” Ms Hume told Sky News Australia. “Quite frankly, the way to get prices down is to get inflation down – get inflation under control. “This government has shown no real appetite to get inflation under control because its spending is still out of control.”