Shadow Immigration Minister Dan Tehan said the Federal Government needs to 'get down and do some serious work' to address inflation and the rising cost of living, as another rate hike looms from the Reserve Bank of Australia.
Shadow Minister for Immigration and Citizenship Dan Tehan said the Federal Government was"asleep at the wheel" at addressing the cost of living pressures, as he hit out at its current inflation and energy policies.
Minister for Immigration and Citizenship Dan Tehan said the government needs to put"downwards pressure" on interest rates during an interview with Sky News Australia host Peter Stefanovic on First Edition on Monday. Picture: NCA NewsWire / Martin Ollman.Stefanovic asked Mr Tehan whether the government's current policies were working, considering mortgage owners were facing another"supersized" rate hike in coming months.
“Households have seen hits to their wallets every single day… and the government is basically asleep at the wheel at trying to address cost of living pressures," Mr Tehan said. The inflation rate is currently 7.8 per cent, with household inflation rising to 1.9 per cent in the last quarter, according to the Australian Bureau of Statistics.
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