Government will not promise net savings in budget update, despite inflation pressure
Finance Minister Katy Gallagher says growing pressures on the federal budget mean the government cannot promise it will find overall savings in its December update, even as Australians brace for another interest rate rise amid ongoing high inflation.
Reported by ABC News Australia. We will add other newspapers as they cover it.
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Government will not promise net savings in budget update, despite inflation pressure
Finance Minister Katy Gallagher says growing pressures on the federal budget mean the government cannot promise it will find overall savings in its December update, even as Australians brace for another interest rate rise amid ongoing high inflation.
