whatever you do, don’t fuel inflation
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
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...