Chalmers declares 'we've got a plan for inflation' ahead of RBA meeting

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The Treasurer has insisted Labor has a 'plan for inflation' after acknowledging 'interest rate rises are an inevitable consequence' of rising prices ahead of Tuesday's Reserve Bank meeting.

Treasurer Jim Chalmers has acknowledged further interest rate rises are"inevitable" just a day out from the Reserve Bank of Australia's first board meeting of the year.

Jim Chalmers in Question Time on Monday insisted the Albanese Government has a plan to tackle inflation. Picture: Martin Ollman/Getty Images "We do know, and we do expect, that inflation has begun to moderate in our economy - 7.8 per cent is obviously unacceptably high and puts a lot of pressure on families and others in our community," he said.

Mr Chalmers insisted the Albanese Government has a plan to bring down inflation, featuring"three major parts".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah, remember who pumped the money in and made Lowe head of the RBA - it's was Scott and Josh.

Yep let it go sky high is there plan

A plan for everything.

Oh no these guys and there plans, just more Albos being told They could.not.lie straight in bed 🤔

Gomer's a effing genius 🙄

What’s the plan? Oh. Is a secret just like the voice.

Has a plan 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡

Is the plan announced before or after the referendum?

Junior Burger speak with forked tongue ! JEChalmers

Not another Labor PLAN and no action. They're all lining up to underperform each other.

A plan to push rates back to the levels of the 1980's , so we can make everyone default on their loans, then by them up as part of Agenda 2030

A plan 🤣 This 🤡 is way over his head! We are witnessing Australia’s most incompetent government yet! Being led by the head dingus himself Albo

Jim Chalmers is not a very bright man. He believes that Paul Keating is an intellectual....JEChalmers auspol

Is it like the energy plan! Promise a rebate and then set prices higher by capping. These blokes are hopeless!

Labor Treasurers Bank Interest Rates Paul Keating - 22% Wayne Swan - 7.3% Jim Chalmers - 5.5% expect 10%

Chalmers plan is for record spending on clean energy to boost inflation

When a politician has a plan to tackle inflation it means politicians are about to get a pay rise.

Since price rises are invariable after rate rises why are price reductions not invariable after interest rate reductions?

RISING PRICES are caused by COMMBANK et al GREED- Business pass on these FUNDING COSTS via price increases - Force RBA to RESTRAIN BANK GREED by dropping rates COMMBANK et al Made $40 billion per year PROFIT when rates were 0.1%- 'Cost of Living Crisis'is caused by BANK GREED

Labors plan hasn't changed since before the election. They still have no plan.

Another PLAN

Another one of those mysterious plans that never seems to go to plan!! Their risk assessment must be non existent.

dr politic

Whatever. They lied to us all just to win the election. They should be held accountable and put before the courts and possibly jailed for misleading Australians. Tyrants.

How much inflation Jimmy? More than Keating's 12%?

Their plan is to hand out more $$$ to cover the rate of inflation...

Your plan is to look after yourselves before the economy implodes

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 LOANS

Loans Loans Latest News, Loans Loans Headlines