The government needs to do ‘more work’ to battle inflation

Shadow Trade and Tourism Minister Kevin Hogan discusses the probable cash rate rise. A regular Sky News contributing economist forecasted there will be three cash rate rises to 5.1 per cent by the end of this year. “If we had three rate increases over the next 12 months, I think that would cause severe harm to Australian mortgage holders,” Mr Hogan told Sky News Australia. “What we’re saying is the government need to do more work. “They’ve spent an extra 200 billion dollars since coming into government which has put more inflationary pressures on."