Hume Media Releases

The Treasurer’s five-point plan to avoid recession is just the latest piece of spin from a government with no solutions to Australia’s economic challenges.

 

Today's National Accounts figures must be a wake up call for Anthony Albanese and Jim Chalmers.

 

It shows the slowest GDP growth since 1991, outside the pandemic. This is the fifth consecutive quarter of negative GDP per person growth.

 

Today’s monthly Consumer Price Index (CPI) data shows Labor’s cost of living crisis is hurting hardworking Australians.

Core inflation – the RBA’s preferred measure – rose to 4.1%, well above the RBA’s target.

The Coalition condemns Labor’s last-minute deal to backflip on reducing red tape for Australia’s world-leading gas industry.

Labor’s deal will lock in higher taxes, slower approvals and will raise costs on our resources industry while giving no regulatory relief to boost investment.