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Jim Chalmers’ 2022-23 budget mantra: whatever you do, don’t fuel inflation

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Jim Chalmers’ 2022-23 budget mantra: whatever you do, don’t fuel inflationWes Mountain/The Cartoon, CC BY-ND

Terrified by the prospect of further stoking the worst inflation in three decades, Treasurer Jim Chalmers and Finance Minister Katy Gallagher have delivered a budget that takes out of the economy about as much as it pumps into it.

In the March 2022-23 budget, delivered ahead of the May election, the Coalition gave...

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