IMF Reports High Inflation, Opposition Criticises Government for Mismanagement

Taylor accused the government of mismanaging inflation, while Gallagher claimed it has dropped by half since the Liberals’ departure.

A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., on May 10, 2018. Yuri Gripas/Reuters

As the latest International Monetary Fund (IMF) report reveals Australia is lagging in its battle against inflation, Shadow Treasurer Angus Taylor described it as “just another indicator” of the government’s shortcomings.

“We’re at the back of the pack in dealing with inflation. But we don’t need reports to know that, even though they are telling us that.”