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‘Hard Decisions’: Albo Hints at Steeper Spending Cuts

The prime minister said the mid-year update will seek savings as economists urge tighter fiscal policy to ease inflation pressure.

Anthony Albanese has made a big call about government spending in the wake of the RBA’s decision to lift interest rates to an 18-year high.

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Sydney Morning Herald broke the news in North Sydney, Australia on Tuesday, November 3, 2026.
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