Feed excerpt — reported by The Guardian
Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflictGet our new political email, free app or daily news podcastJim Chalmers has warned of “very substantial and intensifying” economic pressures on the horizon but insists he’s not planning for a recession, as he prepares to find new ways to cut the budget ahead of its mid-year update.The treasurer on Sunday called on critics of government spending to name the services that should be cut, as he points the finger at the private sector for driving…
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