Budget handouts could stoke inflation and risk pre-election interest rate cuts - Chris Richardson

It's three weeks out from the Federal budget .. so what can we expect .. and should be believe the economy is as shaky as we're hearing? Unlike previous years, so far very little "good news" has been rolled out in the leadup - apart from gloomy warnings that rising geopolitical risks from Israel's war in Gaza threaten what's currently a very strong fiscal position. Former Treasury economist Chris Richardson says budget handouts could stoke inflation and risk a pre-election interest rate cut.