The Treasurer v The Reserve Bank

This week’s National Accounts figures showed that GDP growth was the weakest annual figure since the 1990s recession, not counting the pandemic.  Treasurer Jim Chalmers said the soft growth reflected the “impacts of global economic uncertainty, higher interest rates and persistent but moderating inflation”. But Chalmers also seemed to blame the Reserve Bank, saying the RBA is “smashing” the economy with interest rates.  Meanwhile, The Age and SMH exclusively reported this week that Prime Minister Anthony Albanese vented his frustration to his cabinet colleagues over the mishandling of the possible new census questions about gender and sexuality.  Joining Jacqueline Maley to discuss, is chief political correspondent David Crowe, senior economics correspondent Shane Wright, and national affairs editor James Massola. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.