Chalmers Dismisses Bullock’s Inflation Warning as ‘Hypothetical’

'Full responsibility': Treasurer defends his record on fighting inflation

Treasurer Jim Chalmers has insisted the federal government is doing its part to tackle inflation in the wake of a third consecutive interest rates hike.The Reserve Bank of Australia yesterday handed down a third consecutive cash rate rise, taking it to 4.35 per cent.Challenged by host Karl Stefanovic on Today this morning, Chalmers, who will hand down the federal budget next week, said he took "full responsibility" in his role for tackling infla…

Chalmers dismisses Bullock’s inflation warning as ‘hypothetical’

The treasurer said the Reserve Bank governor was responding to a hypothetical question when she said government stimulus put pressure on inflation.

‘Dacked’ Treasurer grilled on RBA Governor’s warning about tax cuts in the budget

Treasurer Jim Chalmers has denied he’s been “dacked” by the RBA governor Michelle Bullock on inflation after her warning of the impact on inflation of new tax cuts in the budget.

‘Wind back spending’ Chalmers’ Budget warning

Budget pressure is mounting as Treasurer Jim Chalmers faces inflation concerns, rising interest rates and warnings from Reserve Bank Governor Michelle Bullock.

RBA fights inflation first. Will Chalmers’ budget?

Michele Bullock’s public declaration that fiscal policy should align with the RBA’s stance came too late to shape the treasurer’s strategy for the budget.