Hume Media Releases

The Albanese Labor Government does not have a plan that will contain inflation.

The latest Consumer Price Index (CPI) data released by the ABS shows Labor’s policies aren’t working to bring inflation down and will not make life easier for struggling Australian families.

Labor’s second Budget will be an opportunity to correct the mistakes of its first.


When Treasurer Jim Chalmers hands down his second Budget in May, he has the opportunity to  take real action to help reduce inflation and the pressures on Australian families and 
businesses.

The Coalition welcomes the release of the Review of the Reserve Bank of Australia: “An RBA fit for the future”.

Shadow Treasurer Angus Taylor said it was enormously important Australia has an independent, credible and capable Reserve Bank.

Today’s labour force figures highlight the need for Labor to use the May budget to put downward pressure on inflation to take the pressure off struggling families being crippled by out-of-control cost of living pressures.