‘Risk of more rises’: Sussan Ley places blame on federal budget for inflation issue

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Australia Headlines News

Australia Latest News,Australia Headlines

Deputy Opposition leader Sussan Ley has criticised the budget for adding to inflation despite the RBA describing it as broadly neutral.

“What that tells me, and I think what that tells Australians, is that there is more risk of more

rises to inflation due to this government’s economic policy settings,” Ms Ley told Sky News Australia.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASX LIVE: Shares set to gain; Champion Ore flags delays in Quebec; Brookfield consortium lodges Origin bid with ACCC; RBA governor speaks at 9.20am AEST, deputy governor speaks at 9.50am.Shares set to gain; Watch RBA Philip Lowe speak live. Champion Ore flags delays in Quebec; Brookfield consortium lodges Origin bid with ACCC; Viva Energy expects losses due to repairs.
Source: FinancialReview - 🏆 2. / 90 Read more »

Former US vice-president Mike Pence formally enters 2024 presidential raceDonald Trump's former deputy Mike Pence will go head-to-head with his ex-boss, after throwing his hat into the ring for the Republican race for the White House.
Source: SBSNews - 🏆 3. / 89 Read more »

This urban planner says light rail is a 'magnificent' opportunity. Why are communities so against it?They increase property prices, take cars off the road, and governments are keen to splash millions on rolling them out in rapidly growing cities. But light rail is facing increasingly vocal local opposition.
Source: abcnews - 🏆 5. / 83 Read more »

Mark Speakman plays down federal ambitionsSky News Political Editor Andrew Clennell says there has been a “strong indication” that Scott Morrison has spoken at times to NSW Opposition Leader Mark Speakman about succeeding him as member for Cook. “But Speakman gave this program an assurance yesterday that he wouldn't be going federal,” Mr Clennell said.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘Younger businesses’ to struggle with wage risesSuki Hairdressers Managing Director Sandy Chong questions how younger businesses already facing challenges with inflation can afford a wage rise. “In a skills shortage, I guess the better businesses are forced to pay higher,” Ms Chong told Sky News Australia. “But I look at the younger businesses paying the award wage, and this hike is quite substantial. “How can they afford this wage rise?”
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Brent crude price rises after Saudi Arabia agrees to cut oil outputPrice gained more than 2% on Monday morning to touch one-month high of $78.73
Source: GuardianAus - 🏆 1. / 98 Read more »