Near-record tax take, rising rates: Chalmers blames war as RBA hike looms

🇦🇺 The Sydney Morning Herald (AU) —
Near-record tax take, rising rates: Chalmers blames war as RBA hike looms

AI Summary

Australian Treasurer Jim Chalmers attributed rising petrol prices and inflationary pressure to war as the Reserve Bank of Australia is expected to consider another rate increase. A near-record tax take is also intensifying scrutiny of Labor’s economic management.

Treasurer says petrol prices are fuelling inflation as a near-record tax haul adds to scrutiny of Labor’s economic management.

Politics Markets Energy Australian economy tax revenue inflation petrol prices interest rates Reserve Bank of Australia Jim Chalmers

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