Prime Minister 'welcomes' better than expected inflation figures
Publisher |
ABC Podcasts
Media Type |
audio
Categories Via RSS |
Daily News
News
Publication Date |
Jan 31, 2024
Episode Duration |
00:20:21

There's hope that yesterday's better than expected inflation numbers may make the reserve bank more inclined to lower interest rates sooner. It's also welcome news for the Government, who are trying to sell changes to the stage three tax cuts.

The Prime Minister says monthly inflation now has "a three in front of it" for the first time since December 2021. He says it's "encouraging progress", but work to deal with inflation and cost of living pressure continues.

Guest: Anthony Albanese, Prime Minister

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