Why RBA's inflation fight is at odds with government spending | The Business | ABC News

2024 ж. 15 Мам.
18 942 Рет қаралды

A new report by KPMG says Australia's fiscal and monetary policies are working against each other when it comes to bringing inflation back to target. The report author and KPMG chief economist Brendan Rynne says the Reserve Bank is stomping on the breaks while the government is pressing the accelerator. The report comes after the March quarterly CPI upward surprise and as the federal government prepares to deliver a pre-election Budget.
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