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AU Budget 24-25: a contested environment
The fiscal environment is, though, the most contested it has been in some years, suggesting whatever was handed down in this budget was likely to generate plenty of commentary. video There is broad recognition excess demand is part of the reason inflation is proving to be sticky. But both inflation and monetary policy impact indiscriminately. This means there are calls both for fiscal repair to reduce inflation and cost of living support to help ameliorate its effects. In responding to that context this budget includes one year of improved budget outcomes and three years of deteriorating outcomes. It also includes ... (full story)