Australian PM Rejects Inflation Concerns as New Budget Announced

Australian PM Rejects Inflation Concerns as New Budget Announced
Australian Prime Minister Anthony Albanese speaks at Parliament House in Canberra, Australia, on March 30, 2023. Martin Ollman/Getty Images
Alfred Bui
Updated:

Australian Prime Minister Anthony Albanese has assured the public that the latest round of government relief for low-income Australians would not fuel inflation amid warnings from the opposition.

In an interview with ABC Radio on May 10, the prime minister reiterated the government’s views that the $14.6 billion living cost package outlined in the 2023-2024 federal budget had no impact on the country’s inflationary situation.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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