Treasurer Jim Chalmers 'denies' billions in tax cuts will cause inflation

Sky News Political Editor Andrew Clennell discusses Labor’s cost of living relief which comes into effect today. “The tax cuts, $23 billion into the economy, but the Treasurer denies that they will cause inflation.” Mr Clennell said. “That forecast, which everyone was hoping would lead to a rate cut at the end of the year or early next year, is looking very rubbery, and even Jim Chalmers knows that.”