Even the Treasurer's own officials admit he is spending far more than he is saving. That's pushing pressure on inflation, and putting up interest rates.
You pay more on your mortgage and at the checkout because of Jim Chalmers' addiction to spending.
RT @AngusTaylorMP: Today's stronger-than-expected inflation figures confirm the pain that households are already feeling: the cost of everything just keeps going up under Labor.
In September, inflation was up to 4.3% from 4%, well above the RBA's target of 2.5%.
Labor will blame the Middle East crisis, but it's clear this inflation is homegrown: underlying inflation is up to 3.6% from 3.5%, services inflation is up to 4.1% from 3.7%, and non-tradeables inflation remains high at 4.5%.
Labor's out-of-control spending is driving inflation higher.
If the Reserve Bank raises rates for the 17th time under Labor next week – with rates rising to the highest level since 2008 – this Government will only have itself to blame.
Not that long ago, the Treasurer said the worst of the inflation challenge was “well and truly behind us”.
Today, inflation is high and rising under his watch.
This is a Treasurer who has lost control of spending, lost control of inflation, and is raising taxes in his budget of broken promises.
Life isn’t easy under Albanese. A cost of living crisis, higher inflation, the largest decline in living standards in the developed world, and the highest interest rates in 15 years.
Australians are paying the price for a government that can't control spending, can't beat inflation, and can't get the economy moving.
The answer isn't more of Jim Chalmers’ excuses.
It's the Coalition’s plan to fix the economy and protect our way of life with lower taxes, cheaper power, less migration, and more homes.
So much for a nicer Parliament @AlboMP.
Just before midnight we were advised that Treasurer @JEChalmers is introducing another Tax Bill today that they intend to ram through Parliament today.
Jim Chalmers says he has run out of ideas on how to cut spending. Today, we gave him $31 billion of ideas.
Until we cut government spending, inflation and interest rates will stay high, costing you more at the checkout and on your mortgage.
Government spending is fuelling inflation and interest rates. Now, the government has given up on solving the problem. If only you could pay your mortgage with Jim Chalmers' excuses.
💪🏼 The strength of our community doesn’t come from Canberra. It comes from the people who give their time, get involved and keep our local institutions strong. Our sporting clubs are a huge part of that. 🏈🥎
Goldstein has one of the best local sport scenes in the nation, but we need to keep backing it to make sure it stays that way!
I brought together sporting clubs from across eastern Goldstein and Glen Eira to hear firsthand about the pressures they’re facing and how governments can better support them.
Because the next generation deserves the same opportunities to play, compete and belong that have made our local sporting community so special. 💙
Look who our taxaholic Treasurer is blaming now… 🤦♂️
Australia’s collapsing housing market is because of what he’s doing, not who is criticising his policies.
Small businesses and families are struggling to keep their heads above financial water across the country. And no amount of spin can save them. They need Jim Chalmers to cut spending so that inflation and prices at the supermarket can start to come down, and stop interest rate hikes.
I am deeply shocked and saddened to hear the news of the violent attack on Helen Haines this afternoon in Wangaratta. My sincere thoughts and prayers are with her, her family, and loved ones in this difficult time.
The first step in fixing the budget is cutting out the fraud and corruption in the system. $15 billion of honest taxpayers' money was flushed down the drain by the CFMEU-Labor cartel.
Some of the best artists in the country live in our community. Their work deserves to be seen, so we found them a bigger stage: Parliament House. With help from Bayley Arts and the Brighton Art Society, seven local artists now have their work proudly hanging on the walls of my Parliament House office.
Each piece has been certified by the Speaker of the House of Representatives, Hon Milton Dick MP, who got a tour of the collection. To every artist who shared their talent: thank you.
Your work is now seen by visitors from across the country, and I am very proud to be displaying it.
