Economists urge Albanese government to stop budget ‘spend-a-thon'

Описание к видео Economists urge Albanese government to stop budget ‘spend-a-thon'

Shadow Treasurer Angus Taylor has accused the Albanese government of being “addicted” to spending.

There is growing concern the Albanese government’s Future Made in Australia agenda could exacerbate inflation.

Independent economist Chris Richardson warned it could lead to increased budget deficits over time as a result.

“This is why we are hearing economists from many quarters coming out and saying they have got to stop the spend-a-thon,” Mr Taylor told Sky News Australia.

“We have seen inflation data coming out just in the last week or so where inflation is going up, not down.”

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