Australian Treasurer Jim Chalmers has stated that the government is currently not considering more living cost relief but instead will focus on repairing the budget to alleviate the pressure facing households. This comes as the federal Labor government is expected to deliver a budget surplus of around $20 billion (US$13.46 billion) for the 2022-2023 financial…
No More Cost of Living Relief As Australian Government Focuses on Budget Repair
Australians to Receive First Round of Living Cost Relief in July
A significant number of Australian households will receive some cost-of-living relief within weeks as federal government policies start to take effect. Starting from July 1, hundreds of thousands of aged care employees across the country will see their minimum wage increase by 15 percent. The huge pay rise will apply to those directly working in…
Australian Treasurer Says $14.6 Billion Living Cost Relief Won’t Add to Inflation
May 8, 2023
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AustraliaBusiness & Marketscost of living reliefeconomic policieseconomyenergyjane humeJim ChalmersWorld
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Australian Treasurers Jim Chalmers has refuted the idea that the newly announced $14.6 billion (US$9.88 billion) living cost relief will worsen inflation. In an interview with ABC Radio, the treasurer said the relief package included “responsible spending” and would not add pressure to inflation. Among the cost of living supports to be featured in the…
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