Federal government spending has injected more than $70 billion extra into the economy over the past two years, exacerbating the budget deficit.
Treasurer Jim Chalmers has rejected claims that government spending has fuelled inflation, saying such criticism was “motivated by politics”.
Add Yahoo as a preferred source to see more of our stories on Google. White House economist Kevin Hassett thinks the U.S. economy is going gangbusters, but millions of Americans aren't seeing it.
Leading chief executives warned the federal government must cut needless spending to bring inflation under control, as the ...
The Reserve Bank governor confirmed that spending is contributing to unsustainable economic activity and inflation, forcing ...
There has been a spate of articles and commentary in recent days calling on the Australian government to reduce spending.
There’s not a unanimous view amongst the economists about what’s driving the most recent tick up in inflation.’ ...
The federal government's monthly releases of economic statistics — especially the inflation rate and growth as tracked by gross domestic product — have long occasioned partisan preening (or ...