Jane Hume said the government must do more to help tackle inflation and aid struggling Australians after the Reserve Bank passed on another cash rate hike on Tuesday.
Senator Jane Hume said the government needed to do more to tackle inflation. Picture: NCA NewsWire / Martin Ollman “It’s not just that headline inflation, it’s that sticky core inflation that’s not being driven by international factors … That’s something the Treasurer simply cannot acknowledge right now.”
A spokesperson for Treasurer Jim Chalmers said it was “embarrassing and humiliating” for Senator Hume to describe inflation at 1.2 per cent as “out of control”. “We’re ensuring that as new revenue comes in, that it’s banked and goes towards paying down the previous government’s debt and bringing down the deficit,” he told Sky News.