Labor criticised over $70 billion spending blowout

Labor is facing criticism over $70 billion worth of state and federal spending and the inflationary impacts it could have on our economy. Treasurer Jim Chalmers is defending the cash splash. Some economists suggest the spending blowout is delaying interest rate cuts and adding further cost of living pain to households. The Coalition accuses the government of trying to 'sack and stack' the RBA board.