EPISODE · May 14, 2024 · 6 MIN
Not a cash splash. But could Budget stoke rather than tame inflation?
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
While last night's Budget was no "cash splash", global ratings agencies worry the spending measures could add slightly to inflation and public debt. Economist Johnathan McMenamin sees the risk as "balanced" but says Reserve Bank interest rate cuts could be delayed as a result. Reporter: Peter Ryan, Senior Business Correspondent Featured: Johnathan McMenamin, senior economist, Barrenjoey
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Not a cash splash. But could Budget stoke rather than tame inflation?
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